globalisation and its impact on modern world
TRANSCRIPT
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Globalisation
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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:
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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
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Effects Of Lowering Trade Barrier
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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
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Internet Usage Growth
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Cultural Globalisation
Cultural ImperialismDominance of one culture over othersHollywood movies,
MacDonald’s,
Disneyland,
Starbucks
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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
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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
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Political globalisation
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Military Globalisation
What will happen with North Korea and nuclear weapons?
Global alliances become
clear during war time
Nuclear Bombs
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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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