Globalisation

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  • Created by: Amy_Hut
  • Created on: 18-03-21 17:46
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  • Global communication networks
    • Caused by:
      • Migration
      • Impact of western culture
  • Characterised by:
    • Spread of ideas, info & images
  • Increase in flows
    • Flows of capital
      • FDI
      • Repatruation of profits
      • Aid
      • Remittance payments
    • Flows of labour
      • Most migrants move short distances
        • Within same region or neighbouring regions
      • Most economic migrants are not the poorest
        • Have some education & financial means
    • Flows of products
      • Transaction costs
      • Tariffs
      • Transport & Time
        • Containerisation
    • Flow of services
      • High level services
        • Finance, investment & advertising
        • For businesses
      • Low level services
        • For consumers
        • Banking, travel, tourism, call centres, communication services
      • Footloose
        • Relocate anywhere
          • Can still serve customers worldwide
    • Flows of information
      • Improved global telephone networks
        • Cheaper & easier
        • Mobile technology
  • Most migrants move short distances
    • Within same region or neighbouring regions
  • Most economic migrants are not the poorest
    • Have some education & financial means
  • Transport & Time
    • Containerisation
  • Footloose
    • Relocate anywhere
      • Can still serve customers worldwide

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