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THE PROCESSES OF GLOBALISATION (Growing flows (GOODS & SERVICES…
THE PROCESSES OF GLOBALISATION
Growing flows
HUMAN
migrant
person moving across an international border/ different state
3%
Economic
better living conditions
Social
Family reunification
Political
Refugees
.
.
Emigration
Middle East / South Asia
Africa
Central America
diaspora
Immigration
North America
Europe
& migration within southern countries
Tourists
x 40 (in 70years)
10% of the world's GDP
1 billion per year
GOODS & SERVICES
merchandise
merchandise x 25 in 70 years
carried between the 3 main areas (TRIADE élargie : North America ; EU ; East Asia)
importance of oil !
73 %
services
27%
currently : 60 % of the world's GDP
IMMATERIAL
financial
most globalised
financial places gathered in the northern half of the world
but growing in emerging countries (Shanghai / Hong kong)
FDI
investment of a company in a foreign country
unequally distributed
remittances : a transfert of money by a foreign worker to a person in his/her home country
information
massive increase thanks to the telecommunication revolution
triggered new ways to communicate and the growth of e-commerce
30 % of world trade
IDL
.
spatial division of the process of production (global scale)
used by TNCs to reduce the production cost
.
.
.
led to the specialisation in one stage
led to the shipping overseas of jobs => moving to cheaper locations
developed countries
.
design
marketing strategy
decisions
.
Western Europe
Japan
Northern America
well paid and skilled workforce
emerging countries
.
Latin America
Eastern Europe
Asia
manufacturing processes
unskilled and underpaid workforce
Africa
extraction of raw materials
low cost !
NYC ; Tokyo ; London ; Euronext ; Frankfurt :left_right_arrow: