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Factors affecting GLOBALISATION (The use of English as the language of…
Factors affecting GLOBALISATION
The growing interdependence of the world's people through shrinking space, shrinking time and shrinking borders
Modern Transport
Bulk carriers transport ores from Australia to Japan&China and iron ore from West Africa to the EU
Supertankers specialise in oil transport from the Gulf to world makets
Containerisation, introduced in the 1950s, transports 90% of non-bulk cargo
Aeroplanes bring perishable fruit&veg from Africa & Latin America to Europe & America
Modern Communication Links
1990s; emergence of the worldwide web & the internet
Satellites for video conferences
Airlines & Hotel chains can locate their call centres in developing countries where labour is cheaper
Buy tickets with globally recognised credit cards
The use of English as the language of business
Most studied second language in schools and business courses around the world
First language of 418 million
Used by 2 billion in business, internet & international air traffic control
TV&Radio stations have news & other broadcasts in English
Irish graduates working in the Republic of Korea and China where English is needed to do business abroad
The Removal of Barriers to International Trade
Since 1951, import duties on manufactured goods from an average of 40% to less than 5% today
Global agencies (World Trade Organization, the World Bank, International Monetary Fund) encourage the increase of exports to raise living standards
Developing countries encouraged to part-take in international trade
The Role of MNC's
More than 70,000 MNC's with 850,000 branches worldwide
HQ's located in developed world
The Profit Motive > invest in countries where they can make the greatest profit