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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.

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Loss of Sovereignty

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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.


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