globalisation spev 🌐 Flashcards

(53 cards)

1
Q

developments in transport and trade contribute to a shrinking world

year the boeing 737 was built?

A

1960

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

developments in transport and trade contribute to a shrinking world

  • when was containerisation introduced?
  • how many containers did an average cargo ship hold in 1990~?
A
  • 1950s
  • 41,000
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

rapid development in ICT & mobile communication = time space compression

how many users does Instagram have each month?

A

2 -3 billion

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

developments in transport and trade contribute to a shrinking world

in 1700s how long did the HMS Dolphin take to travel the globe? versus Jet aircraft in the 1990s?

A

two years vs 31 hours

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

rapid development in ICT & mobile communication = time space compression

when did use of satellite technology become widespread?

A

1990s

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

rapid development in ICT & mobile communication = time space compression

very recent !! how has the development of crypto led to increased globalisation and time-space compression recently?

A

El Salvador made bitcoin legal tender, using lightning network to settle international remittances instantly, for people without bank accounts -> swifter transfer bypassing intermediary banks

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

national govs = key players in terms of promoting free trade blocs

  • what year did Poland join the EU
  • how much did their GDP grow?
A
  • 2004
  • more than doubled from 2004 - 2022
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

role of if IGOs - free trade and FDI

how much did China loan in 2010?

A

$110 billion (more than the World Bank)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

role of if IGOs - free trade and FDI

IMF:
- Ghana’s Economic Recovery Program
- loan in 2015
- increase in FDI

A
  • GER: 1983
  • $918 million loan
  • FDI now in billions of $
  • boosted it’s cocoa business
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

role of if IGOs - free trade and FDI

What year did Greece receive the first in a series of IMF loans to pay off debt?

A

2008

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

role of if IGOs - free trade and FDI

How much has Vietnam received from the World Bank? how much % of exports was FDI responsible for 2021

A
  • $126 million
  • 70%
  • has since become a centre of technology manufacturing, eg Samsung manufacture 50% of its goods in Vietnam
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

role of if IGOs - free trade and FDI

by how many % has GDP growth increased per year in Vietnam since the 1980s as a result of the IMFs economic input?

A

5%

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

role of if IGOs - free trade and FDI

in 2021 how much did FDI contribute to exports in Vietnam?

A

70%

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

national gorvernments are key players in globalisation

From where did migrants come from to Canada after immigration policies were made more inclusive following ww2?

A
  • China
  • India
  • the Philippines
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

attitudes to FDI

example of Chinese FDI in the UK?

A

Airport City Manchester

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

attitudes to FDI

China’s GDP growth % per year throughout the 2000s?

A

10%

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

attitudes to FDI

How many people in China have been lifted out of poverty since the Open Door Policy?

A

500 million

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

special economic zones and gov attitudes

China’s SEZs account for how much GDP, FDI, exports %

A
  • 22% of national GDP
  • 45% FDI
  • 60% exports
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

special economic zones and gov attitudes

example of an SEZ in China?

A

Shenzhen

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

TNCs in globalisation and its spread

example of gocalisation and McDonalds

A

no beef products in India as 80% of the pop are Hindu

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
21
Q

losers and costs due to globalisation

negative environmental impact of Coca Cola in India?

A

drained water and lowered wells, which put thousands of farmers out of work as crops failed

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
22
Q

winners and benefits of globalisation

in 2016 how much turnover did WalMart stoes have?

23
Q

losers and costs of global shift

2013, which textile factory collapsed in Bangladesh and how many people were killed?

A

Rana Plaza, where 1,100 workers killed due to unsafe working conditions and poor building regulations, prioritising output for economic growth

24
Q

switched off from globalisation

what policy of ‘self-sufficiency’ has North Korea followed since 1955?

25
# switched off from globalisation why is the Sahel regions switched off from globalisation?
- low GDI and HDI - arid climate (200-400 mm of precipitation per annum) so lack of agricultural output limits trade
26
# switched off from globalisation why have countries around the Himalayas been switched off to globalisation?
Nepal, for eg, is in a mountainous area, with many rural communities
27
# losers and winners of global shift global shift impact on steel production?
- China's steel production versus Britai: more in 2 years than Britain has since 1990 - 26 to 7 european steelmakers - Teeside, UK 2200 2,200 SSI employees lost their job as the industry has collapsed
28
# global shift benefits India outsourcing industry employed how many in 2012
2012, India's outsourcing industry employed around 2.8 million people, eg Nokia
29
# losers/winners of global shift how many jobs did BT transfer back to the UK from India in 2009?
2000 jobs from call centres
30
size of India's workforce?
625 million people
31
# benefits of global shift number of shopping malls in Bangalore, India?
24
32
How many % of China's exports were manufactured goods in 2025?
~80%
33
in China, how many people % are considered to be middle class? but also the top 10% owns how much of China's wealth?
- 50% middle class - top 10% of China's population holds approximately 67% of the nation's total household wealth
34
example of area affected by environmental damage from globalisation in China?
- Linfen - but this is being addressed: manufactureres in steel, cement etc now face production cuts of at least 30% if they do not meet ultra-low emission standard
35
% of polluted rivers in China?
70%
36
dereliction in Baltimore (Rust Belt)?
20,000 abandoned properties
37
how much of the world's coal is burnt in china?
50%
38
How any rural migrants in Chinese major cities?
150 million
39
What fraction of human-caused greening since 2000 are Chinese Tree Replanting Programs responsible for?
10.5%
40
population of Dharavi slum in 2021?
2 million
41
% of employed people in Dharavi?
85%
42
% of recycled plastic waste in Dharavi?
80
43
% of factory workers that sleep in the factories in Dharavi?
25%
44
1 healthcare facility in Dharavi for how many people?
22000
45
how many consumers did Tesco potentially gain following the 2004 EU expansion?
75 million ## Footnote potential new consumers in the single market following the 2004 EU enlargement
46
average tarriffs on goods decrease?
40% to 4%
47
percentage of non-Canadian born people in Toronto?
50%
48
what % of Tajikstan's economy is from remittance?
40%
49
% of immigrant workers in construction in Qatar?
80%
50
amount of remittance sent from UAE -> India in 2016?
$12.5 billion
51
% of China's GDP from SEZs?
22%
52
example of a country with poor infrastructure and transport networks but FDI?
Ethiopia
53
% of GDP from subsistence farming in Burundi?
40%