The process of becoming more globally connected on a variety of scales, involving the movement of people, knowledge, ideas, goods, and money across national borders, leading to a 'borderless world'
Globalisation influencing our lives
We buy products made in other countries, talk to people across the globe on social media, embrace other countries' cultures such as their music or food
Even our environments are globalised as pollutants from other countries can affect our climate
Laws and regulations are put in place by intergovernmental organisations (IGOs) that affect what we can do to our environment
In the 21st Century, our societies are globalised societies; almost everyone in the world is influenced by other countries and people
Without globalisation, there would be no interaction or influences from other countries
Globalisation is needed for societies to thrive as the things shared with other countries allow societies to develop
Flows in globalisation
Things flowing (moving) from one country to another, can be physical like people or products, but also ideas and concepts such as money (capital), services, or information
Dimensions of Globalisation
Capital
Labour
Products
Services
Information
Capital flows
Movement of money for the purpose of investment, trade, or business production
Labour flows
Movement of people who move to work in another country
Products flows
Movement of physical goods from one country to another
Services flows
'Footloose' industries that can locate anywhere without constraints from resources or other obstacles, can be produced in a different country to where they are received
Information flows
Any type of information can flow from one place to another via the internet, SMS, phone calls etc., for example, international news
Major capital flows
Core regions
Periphery regions
The International Monetary Fund (IMF)
The World Bank
Capital flows also occur within core regions, with huge capital flows passing through major stock markets
The World Bank is a group of global institutions that give out loans for development or relief
Capital flows occur
Within core regions
Through major stock markets in megacities
In the EU due to absence of barriers
Labour flows
1. Essentially migration
2. Different types of migration
3. Recognizing migration for contributing to the country's workforce
Types of migration
Economic migrants
Refugees
Asylum seekers
Economic migrants are people who have moved voluntarily for reasons of work and improved quality of life
Refugees are people who have been forced to leave their homes and travel to another country due to fleeing conflict, political or religious persecution. They have been granted permanent or temporary residency by the host country or the UN refugee agency (UNHCR)
Asylum seekers are people who have left their country and are seeking asylum in another. They are waiting to be granted residency and to become a refugee
International labour flows are flows from one country to another country. Today, 3-4% of the world's population are international migrants
The majority of international migration is migration to a high-income country. 14.1% of high-income country populations are made up of international migrants, whereas only 1.6% of low-income country populations are made up of international migrants
Major labour flows within continents
Asia
Europe
Africa
Major labour flows between continents
Latin America and Caribbean to North America
Major labour flows within Asia
63 million people moved to a different area of Asia while living in Asia in 2017
Major labour flows within Europe
41 million moved to other areas within Europe in 2017
Major labour flows within Africa
19 million people move within African countries
Major labour flows between Latin America and Caribbean to North America
26 million emigrated from Latin America and the Caribbean to North America in 2017
Source: 'www.pmt.education'
Migrant populations
Latin America: 22 million
Caribbean: 4 million
States with highest Latin America migrant populations
California (5.4 million)
Texas (3 million)
Florida (nearly 3 million)
Majority of Latin America emigration
Mexico: 11.5 million people
States with highest Caribbean migrant populations
Florida (1.6 million)
New York (1 million)
Majority of Caribbean migrants in North America
Cuba: nearly 1.2 million
Asian migrants to Europe
20 million
European countries with highest number of Asian migrants