Globalisation

Globalisation

1. Development and environmental challenges

2. Geographical impacts

3. Acceleration of globalisation

   • Acceleration
     • Definition
       • "The ways that people and places are more connected with one another than they used to be"
     • Global flows
       • Commodities
         • Valuable raw materials like fossil fuels, food and minerals
           • Flows have multiplied since China's low production costs and low wage economies like Bangladesh
             • In 2015, global GDP was $80 trillion; 1/3 from agricultural and industrial trade flows
       • Information
         • The Internet has changed communication
           • Facebook had 1.5 billion users in 2015
           • Goods/services can be bought with a button eg Amazon
     • Transport + trade
     • ICT + phones
   • Politics and economics
     • International organisations
     • National governments
     • New global regions
     • Open door policy
   • Uneven globalisation
     • Measuring
     • Uneven geography of TNCs
     • Glocalisation
     • Switched off places