Impact of Globalisation (AQA A-Level Sociology): Flashcards

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Impact of Globalisation
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What is globalisation?

World becoming interconnected via trade & cultural exchanges

What does interpenetration mean?

Globalisation affects workers in developed & developing nations

Trade liberalisation

Removal of barriers like tariffs & quotas

New international division of labour

Manufacturing moves to developing countries with lower labour costs

TNCs (transnational corporations) role

Relocate production to developing nations for lower costs

Reserve army of labour (Castles & Kosack)

Flexible migrant workers used in expansion, dismissed easily

EPZs/FTZs purpose

Attract TNC investment & factories in developing nations

Bangladesh garment industry global ranking

Second largest globally, after China

Rana Plaza collapse (2013) casualties

Nearly 1,200 killed, 2,500 injured in Dhaka

Giddens' view of globalisation

'Global pillage' not 'global village' - oppression of developing world

Poorest fifth's global income share change

Fell from 2.3% to 1.4% in late 20th century

Hollowing out of work

Middle-skill workers vulnerable; job market polarised to high/low skill

Globalisation of virtual work

Internet platforms enabling global work & education access

Rise of the transnational

Mobile, talented workers willing to relocate anywhere globally

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