Globalisation

Give critical reasons for your answers and include any relevant examples from your own knowledge or experience. Question 1 Context We are persistently told that we live in a ‘global society’, that the world is fast becoming a ‘global village’ and that this is an age of ‘globalisation.’ Yet the increasing connectedness of the world is not a new phenomenon as studies for and against globalisation, impacts within international economics and developing economies, social, political implications of globalisation have demonstrated. Globalisation considers a variety of topics including the environment, migration, the power of multinationals and financial institutions, trade, communication and the critique of globalisation. Key theoretical debates and multidisciplinary discussions about globalisation have led to reflecting on what academia, business, technological and engineering approaches might add to our understanding of present-day society and economy. Globalisation has brought changes to both the national and international political landscape. Using appropriate examples where relevant, describe how and where globalisation has impacted the political environment. Write a minimum of 200 words and a maximum of 500 words. [25 marks] List of points to cover indicating what is expected: – The rise of various political environments. – The political implications in developed and developing countries and the role of international organisations. – The impact of increased Foreign Direct Investments (FDIs) and the consequences on developing economies. – The mismanagement of resources by governments. Question 2 Context Technological changes are not just limited to the automation of the production line but they also include the advancement in infrastructure and connectivity. The developments in communication technologies like wireless, optic fibre, satellite communications and the rapid growth of the internet have brought global business to a previously unimaginable level. Improvements have also occurred in the field of transportation technology, resulting in the development of commercial aircraft, which has reduced the time for transit. The shift in technological development has accelerated as a result of globalisation. Critically analyse the key factors that have contributed to this shift. Write a minimum of 200 words and a maximum of 500 words. [25 marks] List of points to cover indicating what is expected: – The role of technology in aiding to shape globalisation. – The effects of technology on economic growth in both developed and developing countries. – How technology has contributed to compressing space and time. – The benefits and drawbacks of technological advancements in the global world

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