110 likes | 348 Views
Loss of Sovereignty. Discuss the links between the diminishing effectiveness of political borders and the flow of goods / capital / labour / i deas. Discuss the shift of power from nation state to TNCs as a result of their economic size and dominance.
E N D
Loss of Sovereignty Discuss the links between the diminishing effectiveness of political borders and the flow of goods / capital / labour / ideas. Discuss the shift of power from nation state to TNCs as a result of their economic size and dominance. Discuss the role of one multi-governmental organization (EU).
DEFINE: • Sovereignty – • Political border – • Schengen community - • Nation state – • Nationalisation -
Global flows of goods (Million Barrels of oil per day) Using this graphic, explain how globalization has enhanced these international flows of goods.
Other flows – why has globalization led to these cross-border flows? Use your own ideas. You must include a specific example, a theory link to the development of globalization that we have already covered and some evidence to support your ideas.
The world’s nation states – is there a correlation between core/periphery and nation states? Arguments for and against?
Recap: TNCs – Advantages and disadvantages? An alternative route to TNCs would be to nationalise resources, where economic activity in certain sectors is controlled by the government. Topic Link – Resources: The geopolitics of oil supply in Nigeria. • When was the oil industry in Nigeria nationalised? • What impacts did this have upon other economic sectors? • What geopolitical problems did Nigeria face? • Would FDI from TNCs have led to a different outcome? Argue for and against. http://www.ghanaweb.com/GhanaHomePage/features/artikel.php?ID=245498
Economic might of TNCs Walmart – USA http://www.fastcodesign.com/1665553/infographic-of-the-day-walmart-dwarfs-entire-industries-and-nations How does Walmart shape up against other competitors and entire countries? How do its figures for LABOUR and ECONOMIC FLOWS compare?
Multi-governmental Organisations http://www.youtube.com/watch?v=O37yJBFRrfg How does the EU increase global interactions and reduce sovereignty? ECONOMIC FLOWS? MIGRATION? POLITICAL DECISIONS? Are there any exceptions to the rules / laws established? What are the potential problems that arise as a result of this organisation? How might the EU make existing political borders confusing? Use specific examples.