Features of globalisation

69 %
31 %
Information about Features of globalisation

Published on March 18, 2009

Author: mshirlaw

Source: slideshare.net

Description

Features of globalisation

Features of Globalisation

Features of globalisation • The key indicators of integration between economies include: • International trade flows • International financial flows • International investment flows and transfers of technology

International trade flows • Trade in goods and services throughout the world has grown very rapidly in recent years • Annual growth in the value of trade has been consistently around twice the level of world economic growth

Growth of World Trade and World Output Global Trade World Output 14 12 10 % increase 8 6 4 2 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 Year

International trade flows • Much of this rapid increase in international trade flows can be attributed to the influence of TNCs (Transnational Corporations) • TNCs are global companies which dominate global product and factor markets • TNCs often structure production so that different stages of the production process occur in different parts of the world depending upon costs

International trade flows • The increase in world trade has also resulted from trade agreements such as: • The General Agreement on Tarrifs and Trade (GATT) 1993 • The World Trade Organisation (WTO) • The North American Free Trade Agreement (NAFTA) • Asia-Pacific Economic Cooperation (APEC) • The European Union (EU)

Add a comment

Related presentations

Related pages

What are the features of globalization? - PreserveArticles.com

The features of globalization may be discussed as follows: 1. It means free access to the markets in the world without any physical (quota) or fiscal ...
Read more

What are the main features of globalisation?

What are the main features of globalisation? The Programme for Workers Activities at the ILO's Turin International Training Centre places particular ...
Read more

Main Features Of Globalisation Free Essays

Essays - largest database of quality sample essays and research papers on Main Features Of Globalisation
Read more

what are the Key features of globalisation? | Yahoo Answers

Best Answer: Key features of globalisation • Rapid expansion of international trade • Internationalisation of products and services by large ...
Read more

Features Of Globalization Free Essays - Free Term Papers ...

Essays - largest database of quality sample essays and research papers on Features Of Globalization
Read more

Globalization - Wikipedia, the free encyclopedia

Globalization (or globalisation) ... The migration and movement of people can also be highlighted as a prominent feature of the globalization process.
Read more

MODULE #4 The nature and impacts of globalization

MODULE #4 Features: FINANCIAL FLOWS • Rapid integration of financial markets is the most dramatic element of globalization over the past two decades.
Read more

Globalization101: What Is Globalization?

Globalization101: What Is Globalization?
Read more