GLOBALISATION - Winners, Losers and Tensions
- Created by: aliceoliviaaa
- Created on: 13-04-18 17:12
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- Winners, losers, and tensions in globalisation.
- Winners
- 1800 BILLIONAIRES worldwide - made wealth from ownership of TNC's.
- Developed countries have been able to maintain their wealth, shown by the rise of CHINA.
- rising middle class- factory and call workers in ASIA, who's incomes have risen from outsourced/ offshored jobs.
- People who work for TNC's in developed countries have high income and job security (but stressful jobs).
- Losers
- Isolated, rural areas in SUB-SAHARAN AFRICA and in ASIA still has subsistence farming dominating (thin global connections).
- Workers in deindustrialising areas lose their jobs. (Detroit).
- Workers in SWEATSHOPS suffer exploitation.
- People living in slums (DHARAVI).
- Tensions
- IMMIGRANTs-UAE's population consists of 84% immigrants.
- diaspora: dispersal of people from their original homeland (10 million IRISH have fled IRELAND since 1700). - Easy due to open borders in EU since 1995, and FDI encouraging workers to move.
- Humanitarian crises such as the SYRIAN civil war with IS, meaning refugees flee to EUROPE.
- Anti-immigration parties have risen in population such as UKIP
- In 2014, 51% of SWEDEN voted in favour to stop mass-immigration.
- Ecological footprint
- SWEDEN's IPC has grown hugely, but its ecological footprint has not. Environment has not been affected.
- CHINESE ecological footprints have steadily increased since 2001, along with rising incomes. Economic development has high environmental costs.
- Winners
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