Factors contributing to increased globalisation by stephanie campbell https://padlet.com/iteachbee/increasedglobalisation Theme 4.1.3 en-us 2018-10-04 12:04:04 UTC 2018-10-10 08:34:12 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Condos.png Reduction in international trade barriers https://padlet.com/iteachbee/increasedglobalisation/wish/289129213 Trade barriers are classified as import policies reflected in tariffs and other import changes and quotas and so on.
They are government-induced restrictions on international trade. Man-made trade barriers come in several forms, including: Tariffs, Non-tariffs barriers to trade, Import licenses, Export licenses and Trade restrictions.]]> 2018-10-04 13:41:56 UTC https://padlet.com/iteachbee/increasedglobalisation/wish/289129213 Migration (within & between economies) https://padlet.com/iteachbee/increasedglobalisation/wish/289129596 One reason in which migration has impacted globalisation is that, research indicates that migrants are unusually motivated and often study for higher qualifications to fill jobs in other countries in order to earn more cash. 

Due to migration, cultural needs have changed so businesses have penetrated international market in order to meet this demand, such as IKEA operating in India.

The increase in migration has resulted in people moving to a certain country and ending up spending money and contributing to an economy which transfers money to other economies]]> 2018-10-04 13:42:32 UTC https://padlet.com/iteachbee/increasedglobalisation/wish/289129596 Growth of global labour force https://padlet.com/iteachbee/increasedglobalisation/wish/289129917 Investment from foreign firms would allow jobs to be generated in other countries.    
BMW is investing £500 million in its Oxford plant where Minis are produced. This investment would provide jobs in factories and offices. This would cause an attraction of population as workers from the EU would come to uk to work

]]> 2018-10-04 13:43:05 UTC https://padlet.com/iteachbee/increasedglobalisation/wish/289129917 Increased Investment Flows (FDI) Foreign Direct Invesment, is an investment in the form of controlling ownership in a business in one country whilst being in another country. https://padlet.com/iteachbee/increasedglobalisation/wish/289130059
More FDI leads to globalization as there is increased interconnections between two or more countries. 
- Buying equity or rights in other countries to allow them to pay tax elsewhere meaning their costs of productions are lower, making them more profitable! This promotes globalization whilst customers consume in one country a different government gains revenue.
- Building factories in foreign countries where firms can exploit cheap labour whilst foreign governments can enjoy a higher employment rate.]]> 2018-10-04 13:43:22 UTC https://padlet.com/iteachbee/increasedglobalisation/wish/289130059 Structural Change (of economies https://padlet.com/iteachbee/increasedglobalisation/wish/289130123 Over time the structure of economies is likely to change. For example, in most Western economies the contribution made to national income by the primary and secondary sector has fallen. It is the huge growth in services that has provided the most income, employment and wealth. 
It is the the development of knowledge-based industries, such as information technology, research and development, pharmaceuticals, care, finance, that has helped countries to improve the standards of living for their citizens.
These structural changes have contributed to globalization because most of the industries mentioned above are ]]> 2018-10-04 13:43:29 UTC https://padlet.com/iteachbee/increasedglobalisation/wish/289130123 Political Change https://padlet.com/iteachbee/increasedglobalisation/wish/289130442 In 1991 the communist rule ended in the soviet union dissolution of the old soviet bloc was complete. After years of economical decline and the relative rise of prosperity in the west, it was clear that the Soviet union had to make a change. Countries such as Latvia, Georgia, Lithuania, Belarus, Estonia and Moldova were given independece and due to this they opened their own ]]> 2018-10-04 13:43:57 UTC https://padlet.com/iteachbee/increasedglobalisation/wish/289130442 increased significance of global companies. https://padlet.com/iteachbee/increasedglobalisation/wish/289130776 In their pursuit of revenue and profit growth, increasingly global
businesses and brands have invested significantly in expanding
internationally. This is particularly the case for businesses owning brands
that have proved they have the potential to be successfully globally,
particularly in faster-growing economies fueled by growing numbers of
middle class consumers
Another way that TNCs spread Globalisation is through the concept of the 'Uninformative Product' which is where a compamy will release only one product, one after the other. For example, Apple release the Ipod Classic, then the Ipod Nano, shuffle, Iphone, Ipad etc). This means that everyone will desire the latest and the best product the company has to offer. ]]> 2018-10-04 13:44:27 UTC https://padlet.com/iteachbee/increasedglobalisation/wish/289130776 Reduced cost of TRANSPORT & COMMUNICATION https://padlet.com/iteachbee/increasedglobalisation/wish/289132060
]]> 2018-10-04 13:46:16 UTC https://padlet.com/iteachbee/increasedglobalisation/wish/289132060 https://padlet.com/iteachbee/increasedglobalisation/wish/289136281 2018-10-04 13:52:23 UTC https://padlet.com/iteachbee/increasedglobalisation/wish/289136281 https://padlet.com/iteachbee/increasedglobalisation/wish/289139530 2018-10-04 13:56:20 UTC https://padlet.com/iteachbee/increasedglobalisation/wish/289139530 Growth of global labour force https://padlet.com/iteachbee/increasedglobalisation/wish/291014771 Globalisation allows the movement of labour to he more free, which enables workers in poorer countries to move to other countries and work or find more work available in their own country due to TNCs. This then increase the amount of workers around the world are working. BMW is investing £500 million in its Oxford plant where Minis are produced. This investment would provide jobs in factories and offices. This would cause an attraction of population as workers from the EU would come to uk to work.
Another example would be from western firms who are investing in countries such as China and India and are setting up factories and call centres, which increases working labour. Overtime as globalisation has increased so has global labour force as communications and transport as allowed firms to set up in cheaper countries and manage them from other parts in the world, this generates jobs in different countries. Workers in a factory in China would be working in China and it could be managed by someone working in a office in London. So this has made the globals labour force larger as it's easier to manage and to work in different countries. ]]> 2018-10-09 21:49:50 UTC https://padlet.com/iteachbee/increasedglobalisation/wish/291014771 iteachbee https://padlet.com/iteachbee/increasedglobalisation/wish/291121507 2018-10-10 08:32:10 UTC https://padlet.com/iteachbee/increasedglobalisation/wish/291121507