This globalisation document comprises of 15 pages filled with A* quality content. Both compulsory and extended case study's are included which will aid student's aiming for A's and A*'s.
Palmerston Island
➔ Population - 62 inhibitions
➔ Takes 9 days at sea / extreme journey to travel once there
➔ Too far from anywhere for a normal helicopter to fly to
Afghanistan
➔ Prolonged conflict
- Still causes harsh poverty
- Causing high unemployment levels
➔ Drought
- Decline in agribusiness
➔ 54% of the 30 million population lives in population
Kazakhstan
➔ Longest distance from sea (3,750 km)
➔ Land - locked
- Transit time for goods of landlocked developing countries
> Extremely long distances
> Difficult terrains
Cuba
➔ Internet and mobile phones are expensive
‘Switched On’ Countries
London
➔ 300 languages are spoken
➔ Major time zone advantage doing business with Asia
➔ 40% of the world’s foreign equities are traded here
➔ 14 faiths are practised in London
➔ Some of the world’s top investors
➔ The underground railway has 1.34 billion passengers per year
➔ Home to global brands E.g:
- Morgan Standy
- KPMG
> Both are based in Canary Wharf
, Singapore
➔ Strategic location
- Natural harbour helped
➔ 40% of world maritime trade passes
➔ Heart of the world’s most dynamic regions
➔ Mr Lee welcomed foreign trade and investment
➔ Government was kept small, efficient
➔ Multinationals found a natural hub
- Were encouraged to expand and prosper
ASEAN
Trading Blocs- ASEAN (The Association of South East Asian Nations)
ASEAN was established on 8 August 1967 in Bangkok by the five original member
countries: Indonesia, Malaysia, Philippines, Singapore, and Thailand. Brunei
Darussalam joined on 8 January 1984, Vietnam on 28 July 1995, Laos and Myanmar
on 23 July 1997, and Cambodia on 30 April 1999.
The ASEAN Declaration states that the aims and purposes of the Association are:
- to accelerate the economic growth, social progress and cultural
development in the region.
- to promote regional peace and stability.
Advantages:
Free Trade Area can be a reality for ASEAN nations: The new bloc will further help in
simplifying trade, removing tariffs on goods and services to create free movement
across borders, and will also help in expanding investments. In practice, tariff barriers
have been eliminated.
Infrastructure development and GDP growth: One of the biggest advantages of the
AEC to the member nations will be the development and implementation of
infrastructure projects, especially in setting up energy pipelines and fibre-optics
across the region. By 2030, the Asean bloc may also well become the fourth-largest
economy in the world.
Collaboration on Security: As global terrorism has become a reality in the light of
recent events, including the Paris attacks and the downing of a Russian passenger
plane, a collective response to security issues will help Asean nations thwart such
attacks in the region. The ASEAN nations have taken measures to address
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