Global Challenges Notes
Globalisation
- Increasing interconnectedness and interdependence among countries.
- Key features:
- Economic integration
- Technological advancements
- Cultural exchange
- Political cooperation
- Environmental interdependence
Causes of Globalisation
- Industrial Revolutions: inventions, societal transformation.
- Post-World War II era: technological progress (AI, internet, mobile tech), finance, education.
- Transportation technologies: facilitate international trade and travel.
- Automation and digitalisation: changes in production/consumption.
- Political/economic factors: free trade agreements (WTO, NAFTA, EU), financial market liberalization, multinational corporations.
- Cultural diffusion: tourism, migration, media (Hollywood, social media).
Key Terms
- Outsourcing: Jobs to other countries.
- Offshoring: Relocation of company operations abroad.
- Cultural Imperialism: Cultural dominance.
- Global Supply Chain: Network for production and distribution.
- Trade Wars: Conflicts over trade policies.
- Fair Trade: Protecting producer rights.
- Brexit: UK's exit from the EU.
- NGOs: Non-governmental organizations.
Future of Globalisation
- Digitalisation: Remote work, online education will increase global collaboration.
- Regionalisation vs. De-Globalisation: Protectionist policies may increase.
- Sustainable Globalisation: Regulations for climate change and sustainability may emerge.
Challenges of Globalisation
- Coordination is difficult and expensive.
- Erosion of national sovereignty (e.g., EU, UN, NATO).
- Tensions between global powers.
- Dependence on international agreements.
- Politics spread democracy and human rights.
- Sharing norms and freedom.
Environmental impact
- Industrial waste as result of production.
- International agreements.
- Increasing need for water.
- Awareness of bad water conditions.
- New/green technology.
- Climate change/global warming.
- International cooperation.
- Rising emissions.
- Foundation for solutions and activism.
- Fast fashion.
- Efficient resource use.
- Waste -> poorer countries suffer more
- Spread of sustainable practices.
- Loss of environmental/natural diversity.
- Animal extinction.
- Loss of agriculture -> people starving.
- Extreme weather conditions -> floods/draughts/storms…
- Air pollution.
- Greenhouse gasses.
- Over-consumption.
- Unsustainable lifestyle.