3.2.1 Global Systems and Global Governance: SPECIFICATION

  • Created by: maisyw
  • Created on: 10-01-18 15:07 Globalisation

Dimensions of globalisation: flows of capital, labour, products, services and information; global marketing; patterns of production, distribution and consumption.

Factors in globalisation: the development of technologies, systems and relationships, including financial, transport, security, communications, management and information systems and trade agreements. Global systems

Form and nature of economic, political, social and environmental interdependence in the contemporary world.

Issues associated with interdependence including how:

  • unequal flows of people, money, ideas and technology within global systems can sometimes act to promote stability, growth and development but can also cause inequalities, conflicts and injustices for people and places
  • unequal power relations enable some states to drive global systems to their own advantage and to directly influence geopolitical events, while others are only able to respond or resist in a more constrained way. International trade and access to markets

Global features and trends in the volume and pattern of international trade and investment associated with globalisation.

Trading relationships and patterns between large, highly developed economies such as the United States, the European Union, emerging major economies such as China and India and smaller, less developed economies such as those in sub-Saharan Africa, southern Asia and Latin America.

Differential access to markets associated with levels of economic development and trading agreements and its impacts on economic and societal well-being.

The nature and role of transnational corporations (TNCs), including their spatial organisation, production, linkages, trading and marketing patterns, with a detailed reference to a specified TNC …


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