GLOBALISATON - Global Shift
- Created by: aliceoliviaaa
- Created on: 09-04-18 16:53
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- Global Shift
- Winners
- countries which are being invested in via FDI, for example. (South Korea, and OECD).
- Losers
- Areas which companies and TNC's move away from in search of a better life. (DETROIT - deindustrialisation).
- The international relocation of different types of industrial activity.
- Since the 1960's, ALL industries vanished from Europe and North America, and relocated in Asia, South America and even Africa.
- Combines different processes in emerging economies.
- Outsourcing services in India
- Global shift of manufacturing to china.
- Benefits
- Poverty reduction - worldwide, 1BIL people have escaped poverty since 1990 (majority ASIAN - 500 MIL CHINESE alone). CHINA = new global middle class.
- Waged work- many earned between $10-$100 a day.
- Education- High schools in ASIA are envied (30,000 PHD's in 2006).
- Infrastructure- modern motorways, high speed railways etc.
- Costs
- Environmental decline - (TOGO has lost 60% of its forestland) And Beijing suffering major air pollution, above that WHO safe limits.
- demand for resources increases, so space is needed and resources are used.
- loss of recreational spaces due to high-rise infrastructure, and loss to traditional intfrastructure- Hutong's in BEIJING.
- Mumbai's DHARAVI slums homes millions who are on just £200 a month.
- Causes
- Offshoring, outsourcing and new business start-ups in emerging economies.
- Winners
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