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Globalisation
Growing interdependence of countries worldwide through the increasing volume and variety of cross-border transactions in goods and services and of international capital flows, and through the more rapid and widespread diffusion of technology
Soft Power
Power of persuasion - through culture, education (appeal of good universities), enterprise, art, music, cinema. View favourable by people in other countries
Hard Power
Getting a nation’s own way by using force, invasions, war and conflict. Economic power can be a form of hard power; by creating sanctions and trade barriers can cause harm to other states
(Global) Superpower
Nation or group of nations that has leading position in international politics
TNC (Transnational corporations)
Businesses whose operations are spread across the world, operating in many nations as both makers and sellers of goods and services. many of the largest are instantly recognizable ‘global brands’ that bring cultural change to the places where products are consumed.
Neo-colonial
The indirect access which developed countries exercise a degree of control over the development of their former colonies. This can be achieved through varied means including conditions attached to aids and loans, cultural influence and military or economic support for particular political groups or movements within a developing country.
Global interactions
The interconnectedness and exchanges between countries through trade, migration, culture, communication, technologies, and politics, and it involdes the movement of goods, serives, people, capital and ideas
