GLOBALISATION
1. What are the factors driving the globalisation ??
2. Is globalisation a force for good or bad??
3. How does globalisation affert different economies??
4. How does globalisation affect different sectors of an economie ???
1)
• cheaper work capacity
• cheaper incidenal labours
• lower taxes
• cheaper transportation costs because of a nearer market
• more subsidy from the country
• lower inviromental costs and rules
• other aspects:
• Internet, telecommunication, travelling, liberalisation, technical aspects
• economic union ( WTO, EU, NAFTA, ASEAN, MERCASAR )
2) -> we have advantages and disadvanteges
advantages
• cheaper production in generell
• cheaper transportation back to Germany insted of higher cost production in Germany
• you can choose your loation whereever you want
• a higher proximityto the market
• bigger markets
• export jobs
• more resaerch and development
• freedom to operate
• competition ( stronger, customer )
• greater variety of goods
disadvantages
• the unemployment rate will rise up in some countries
• the taxation revenue will go down
• the average income will go down, too, be ...