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Revision presentation - threats to globalisation
28th February 2009
This revision presentation examines whether the global economy might be entering a period of de-globalisation…
The presentation examines some of the evidence of de-globalisation and the contribution of globalisation to the credit crunch:
- Steep slowdown in world economic growth
- Unemployment worldwide will rise by around 30m above 2007’s level in 2009
- Sharp fall in global trade
- Fall in net private debt and equity flows to developing countries
- Worldwide FDI inflows shrank 21% in 2008 to $1.4 trillion
- Partial reversal of migrant flows and also remittances
- Evidence of a return towards economic nationalism
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.