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Unit 4: Globalisation 2012
- 1. Globalisation 2012 – how times change!
- 2. GLOBALISATION AND THE UK ECONOMY Matt Bentley
- 4. Goldman Sachs Projections Largest economies in 2003 Largest economies in 2025 Largest economies in 2050 USA Japan Germany UK France China Italy India Brazil
- 5. Goldman Sachs Projections Largest economies in 2003 Largest economies in 2025 Largest economies in 2050 USA USA Japan China Germany Japan UK Germany France India China UK Italy France India Russia Brazil South Korea
- 6. Goldman Sachs Projections Largest economies in 2003 Largest economies in 2025 Largest economies in 2050 USA USA China Japan China USA Germany Japan India UK Germany Japan France India Brazil China UK Mexico Italy France Russia India Russia Germany Brazil South Korea UK
- 11. Globalisation may stall – it is not inevitable
Editor's Notes
- What is driving globalisation? I would suggest three key factors Firstly technological change; secondly, the liberalisation of markets for goods, services and capital and the end of communism which has brought about a shift towards market forces as a means of allocating scarce resources. Thirdly the impact of containerisation and other processes as a means of transporting goods around the global economy. Perhaps we can add a fourth driver of globalisation, the increasing flows of labour within and between countries. Labour migration is a hugely important topic and one we may return to in questions at the end.
- A health warning – these are projections And projections this far out are subject to huge uncertainty. The dreams of a country are often far removed from the reality. But the Goldman Sachs figures are produced on the back of some pretty impressive analysis and we will touch on some of their ideas in the next few minutes For the moment, it might be worth considering for a few seconds, how the landscape of the world economy will change.
- A health warning – these are projections And projections this far out are subject to huge uncertainty. The dreams of a country are often far removed from the reality. But the Goldman Sachs figures are produced on the back of some pretty impressive analysis and we will touch on some of their ideas in the next few minutes For the moment, it might be worth considering for a few seconds, how the landscape of the world economy will change.
- A health warning – these are projections And projections this far out are subject to huge uncertainty. The dreams of a country are often far removed from the reality. But the Goldman Sachs figures are produced on the back of some pretty impressive analysis and we will touch on some of their ideas in the next few minutes For the moment, it might be worth considering for a few seconds, how the landscape of the world economy will change.
- Some what does globalisation mean for the UK?