GPHY 101 Lecture Notes - Commercial Speech, Global Sourcing, Containerization
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GPHY 101 Full Course Notes
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According to merk, outsourcing involves manual and administrative labour. Workers in the local core are worried about outsourcing. Nidl (new international division of labour) is a key aspect of globalization. Our current global system is based on an earlier colonial economic system. Global periphery produced raw materials and global core produced finished goods: colonial systems driven by economical powers. Particular regions specialized in particular economic activities: different colonies became associated with particular exports. Core periphery division: canada is an exception (periphery linked with usa and britain) Ongoing relocation of manufacturing operations from the global core to the global periphery. Service sectors too such as call centres. Knowledge-intensive and skill-intensive functions retained by the core. Corporations that locate/part of division in more than one countries. Initially operated in developed world now expanding to nic (newly industrialized companies) Fierce competition so facilitating travel, taking advantage of economic and political conditions. Advantages: amount of competition, market sizes, cost of labour/resources, poor regulation.