Globalisation Case Studies
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Questions and Answers

Which factor primarily attracts multinational corporations to Bangalore for IT outsourcing?

  • High real estate costs
  • Limited access to international markets
  • Strict environmental regulations
  • Skilled workforce and lower operational costs (correct)

China's Open Door Policy, initiated in 1978, led to a decrease in Foreign Direct Investment (FDI).

False (B)

What is the primary impact of containerization on international trade?

Reduced costs

The rise of low-cost airlines like EasyJet has primarily promoted __________ and __________ across Europe.

<p>tourism, business travel</p> Signup and view all the answers

Match the following aspects of globalisation with their case study examples:

<p>Economic Globalisation and Outsourcing = Bangalore, India Foreign Direct Investment (FDI) and Economic Growth = China's Open Door Policy Technological Advances and Global Trade = Containerisation Transport and Globalisation = EasyJet</p> Signup and view all the answers

Which of the following is a primary driver of migration to the UK?

<p>Economic opportunities (B)</p> Signup and view all the answers

Increased air travel due to low-cost airlines has no environmental impacts.

<p>False (B)</p> Signup and view all the answers

Approximately what percentage of the UK's population is made up of migrants?

<p>14%</p> Signup and view all the answers

Flashcards

Outsourcing Definition

The relocation of business processes to another country, often seeking lower costs.

Economic Globalization

The increasing interconnectedness and interdependence of countries through flows of goods, services, capital, and people.

Bangalore, India

A city in India that is a major global IT and outsourcing hub.

Foreign Direct Investment (FDI)

Investment made by a company or entity based in one country, into a company or entity based in another country.

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China's Open Door Policy

China's policy shift in 1978 that encouraged foreign investment and trade.

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Containerization Definition

The use of standardized shipping containers to transport goods, dramatically reducing shipping costs and increasing efficiency.

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Tech & Global Trade

The impact of advancements in technology on making world trade more efficient and widespread.

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Low-Cost Airlines

Reduced airline ticket prices making air travel more accessible to the general public.

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Study Notes

  • These case studies exemplify aspects, statistics, and details relating to economic, technological, and human globalization

Bangalore, India - Outsourcing and Globalisation

  • Bangalore is a global IT outsourcing hub, attracting multinational corporations due to its skilled workforce and lower operational costs
  • It is home to over 2,000 IT companies and employs more than 1.5 million people in the IT sector
  • The case study highlights the economic impacts of globalisation, including job creation and economic growth, as well as challenges such as income inequality and environmental issues

China's Open Door Policy (1978)

  • China's Open Door Policy encouraged foreign investment and the establishment of Special Economic Zones (SEZs)
  • As a result, China's GDP grew from $150 billion in 1978 to over $14 trillion in 2019
  • The case study examines the benefits and drawbacks of globalisation, including economic development, environmental degradation, and social changes

Containerisation and Global Trade

  • Standardized shipping containers revolutionized global trade by increasing efficiency and reducing costs
  • Containerisation reduced the cost of international transport from 30% to 1% of the value of goods
  • This case study explores the impact of technological advancements on globalisation, including the growth of global supply chains and the environmental consequences of increased trade

EasyJet (1995) - Low-Cost Airlines and Globalisation

  • The rise of low-cost airlines like EasyJet has made air travel more accessible, promoting tourism and business travel across Europe
  • EasyJet operates over 900 routes across Europe and carried over 88 million passengers in 2019
  • This case study examines the role of transport in globalisation, including the economic benefits and environmental impacts of increased air travel

International Migration - Case Study: Migration to the UK

  • Migration to the UK has been driven by economic opportunities, political stability, and social factors
  • The UK has a population of over 66 million people, with migrants making up around 14% of the population
  • This case study explores the impacts of migration on both the host country and the countries of origin, including economic contributions, cultural diversity, and social challenges

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Description

Case studies on economic, technological, and human aspects of globalization. Focus on Bangalore's IT outsourcing boom and China's Open Door Policy. Highlights economic impacts, challenges like inequality and environmental issues, and the role of foreign investment.

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