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Summary Globalisation Study Notes (A*)

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This document is a comprehensive study guide made by a student who got an A* in Geography A Level and full marks in the Globalisation section of the exam. These notes were created from a textbook, information given in classes and independent research. It includes detailed summaries of each point on...

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  • Chapter 12-14
  • September 3, 2020
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  • 2018/2019
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GLOBALISATION



3.1: ACCELERATION OF GLOBALISATION

 The process of local and regional economies, societies and cultures integrating together through a global
network of communication, transport and trade
 Involves widening (more locations) and deepening (more people) global connections, interdependence
and flows


Types of Globalisation:
 Economic – Growth and spread of TNCs, the rise of NICs, the rise of global economic institutions like the
IMF and World Bank
 Cultural – Cultural aspects move all over the globe through the Internet and migration
 Political – Caused by institutions like the UN, trading blocs and the influence of western democracies and
their influence on poor countries


19th Century Transport and Trade:
 Contributes to ‘Shrinking World’
 Value of trade and transport increases and goods are exported more widely
 Trading powers face competition, transport is kept up to date
 Railways – Expanded in the 1800s to link more countries, halves some journey times
 Containerisation/Steam-Ships – Getting larger, reduced cost to ship goods internationally, cost per item
reduced, more sales on a larger scale. Goods and people are transported faster, more efficient, 90% of
goods are transported in containers. Less goods go missing in travel (theft) means reduced insurance, 200
million container movements a year
 Telegraph – Messages sent to replace 3 week journeys, revolutionised communication


Jet aircraft (EasyJet):
 Founded in 1995, now one of Europe’s biggest retailers
 European networks have become interconnected through faster and cheaper flights
 Connects most European cities with 300 routes and has expanded to worldwide
 Luton to Edinburgh = £29
 Helps remote places switch on
 More people can afford to fly so more are connected and can travel more often, 90 million passengers a
year
 Easily accessible, 300 million live within 1 hour of a carrier and a mobile check-in app
 Frequent promotions and discounts make customers stay alert


Technology Development and Uses:
 Contributes to ‘Time-Space Compression’
 Changes how companies operate
 Long distance social relationships are maintained, migrants keep in touch with the family they left behind
 Language and music is shared and changed faster – Gangnam Style received 1.8 billion hits
 Social networks spread political views and advertise campaigns

,GLOBALISATION


 TNCs expand into new countries because they can connect through video conferencing
 Shops such as M&S adjust product order each time it is scanned in a store
 Mobile/Telegraph – Greater connectivity between people and places, messages spread fast over social
media, businesses operate internationally
 GPS – Deliveries are tracked, meaning growth in global production networks are managed.
 Fibre Optics – Cables in the ocean makes data travel faster




3.2.A: INTERNATIONAL ORGANSATIONS

, GLOBALISATION


Threats of Global Flows:

 Information provided deemed as threatening by their government
 Not everyone welcomes cultural change migration brings
 Importing raw materials and commodities threatens national industries
 Players promote economic development and retain national stability


International political and economic organisations (P: role of World Trade Organization (WTO),
International Monetary Fund (IMF), World Bank) have contributed to globalisation through the
promotion of free trade policies and foreign direct investment (FDI).

World Bank:

 Based in Washington and controlled by USA, established in 1994
 Uses bank deposits from wealthy countries to provide loans for development
 Countries taking out loans must agree to conditions on repayment and economic growth
 Focuses on natural disasters and emergencies

International Monetary Fund (IMF):

 Based in Washington and controlled by USA
 Channels loans from rich nations to poor nations who apply for help
 In return the government receiving the loan agrees to run free market economies open to outside
investment
 Means that TNCs can enter their country easily which promotes globalisation
 Ensures the country can pay back the loan and they often have to undergo SAPs

Structural Adjustment Programmes (SAP):

 Economic policies with strict conditions imposed on developing countries receiving IMF and WO loans
 Government has to make cuts to healthcare, education, sanitation, housing, leading to negative social
impacts like worse nutritional state of children, increased infectious disease, higher infant mortality rates
 Reduces excess interference government in a country and opens it to private investment
 Cuts government spending so they can repay the loans
 Improves facilities and developing large scale projects but they have to be repaid with interest
 Debt relief – less economic strain, may be tied to conditions
 Must adopt free market – no profit restrictions, increased competition between companies, possibility of
market crash, protectionism prevents unfair pricing
 Cuts on education – money spent carefully in schools with no wasting energy or paper, quality decreases,
gender inequality increases, less skills like health and social



World Trade Organisation (WTO):

 Believes in free trade and asks countries to remove barriers like subsidies, quotas, restrictions and tariffs
on foreign imports and domestic products
 If a country receives an international loan they must agree to the WTO’s rules

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