globalisation and its impact on modern world
TRANSCRIPT
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Globalisation
Evidences of Globalisation• 20x between ’50 and
’05 • 25x from ’70 to ’15
World trade increased
more than:
• 10x from ’80 to ’05, • 50x between ’75 and
’14• Declined 50%
between ’00 and ’03
FDI annual flows
increased
more than:
Rest of world
intratrade:175
Western Europeintratrade: 1430
North Americaintratrade: 465
Asia / Pacific Rim intratrade: 632
194
200
382
140
365
393
241227
381
313 [ ALL In $BN ]
279
Economic Globalisation
Effects Of Lowering Trade Barrier
Technological GlobalisationTechnological Globalisation
Technological Globalisation
World Wide Web
Silicon Valley is 9th
largest economy in
world!
finance capital
more computers
in Manhattan than all of
Africa!
Post-colonial
infrastructures don’t support
technology
Internet Usage Growth
Cultural Globalisation
Cultural ImperialismDominance of one culture over othersHollywood movies,
MacDonald’s,
Disneyland,
Starbucks
Dominance of the English language and invasion of other languagesDo people all over the world have the same taste?“Culture Industry” = opportunities for Africans to sell their culture in the “global market” that
Linguistic Globalisation
Political Globalisation
Whose interests does the UN represent?
The US and the UK were
the only nations in support of
going to war in Iraq
Political globalisation
Military Globalisation
What will happen with North Korea and nuclear weapons?
Global alliances become
clear during war time
Nuclear Bombs
Military GlobalisationSmart
Bombs Trade in Arms = US sold $227 million in arms to AF in 1990s
US train and provide weapons for African armies on both sides of their civil wars .
Sidewinder Missiles
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