- Volume No.:
- Claire Owen
- Independence Educational Publishers
- Globalisation is a process driven by technological change and rapid advances in communications. It leads to greater interdependence between countries as goods, services, capital, labour, knowledge and information move increasingly quickly and freely around the world. (page 1)
- Whilst globalisation presents opportunities for all countries, it is clear that some countries have benefited more than others. (page 1)
- Global income is more than $40.2 trillion a year, but 19 per cent (1.21 billion) of the world's population earn less than $1 a day. (page 2)
- The goods we buy in the shops and the materials used to make them have often been traded many times before we buy them. World trade is currently worth US$7 trillion every year. (page 12)
- Globalisation gives an opportunity for domestic firms to export to a wider market. Export-led growth has been an important factor in increasing economic welfare in Asian countries. (page 18)
- Worldwide consumers spent over £1.6 billion on Fairtrade certified products in 2007. This represents a 47% increase on the previous year. (page 20)
Table of Contents
Chapter One: Overview
What is globalisation?, Globalisation explained, Types of globalisation, Globalisation defined, The IMF and the World Bank, A globalisation glossary, Concerns about globalisation, Activities.
Chapter Two: Globalisation and Trade
World Trade, Trade – did you know?, Examples of unfair trade rules, 10 common misunderstandings about the WTO, Globalisation and the poor, 'Sweatshops shame' fashion alert, Global Fairtrade sales increase by 47%, Unfair trade?, 'Teach us how to fish – do not just give us the fish', Globalisation will not threaten skilled UK workers, Attitudes to global trade, Activities.