1. Class : Y11
Lesson Topic: Global Economy
Scheme of Work: Globalisation & FDI

3. Higher thinking Skills
P&D
Planning and
Data
Lesson Objectives
ALL (KNOWLEDGE)
Define and describe the terms of globalization & FDI
MOST (ANALYSIS)
Examine and Analyse the concepts of globalization & FDI
SOME (EVALUATION )
Evaluate the pros and cons & Justify your views on globalization
Higher thinking Skills

4. P&D
Planning and
Data
Planning Tools

5. Personalise your learning. . .
Define and describe the terms of globalization & FDI
[Grade E-D]
Examine and Analyse the concepts of globalization & FDI
[Grade C-B]
Evaluate the pros and cons & Justify your views on globalization
[Grade A-A*]

6. CONNECTIVES Keyword Definition Globalisation Foreign direct investment
Multi national corporations
CONNECTIVES

7. CONNECTIVES for Analysis CONNECTIVES for Application
CONTRASTING
Although… Except…
Moreover… If…
However… Yet…
Apart from… Unless…
Despite… As long as…
COMPARING
Equally…
As with…
Like…
In the same way…
Similarly…
Even so…
Likewise…
QUALIFYING
Despite… Yet…
As long as… Unless…
Apart from… If…
Moreover… Except…
However… Although…
CAUSE & EFFECT
Consequently… Due to…
As a result… Therefore..
Because of… Because…
ADDING
In addition… And…
Too… Also…
Additionally… As well as…
Furthermore…
CONNECTIVES for Analysis
CONNECTIVES for Application
CONNECTIVES for Evaluation
CONCLUDING
Firstly… After…
Secondly… Before…
Overall… I believe…
Finally… I think …
In conclusion… it depends…
To conclude… short term…
Meanwhile… Long term…
EMPHASISING
Most importantly…
Significantly…
Notably…
Especially…
Above all…
In particular…
Indeed…
ILLUSTRATING
For instance… Such as…
In the case of… So…
For example…
As revealed by…
As illustrated by…

8. Climb the Ladder A-A* C-B E-D To what extent Do you think
ATD
Apply to
demonstrate
A-A*
To what extent
Do you think
Evaluate whether
(8-10m) 10+ connectives & key words
C-B
Explain
Compare
Analyse
(5-8m) connectives & key words
E-D
Define
Describe
Identify
(2-4m) connectives & key words

9. Mind Map all the terms you think are associated with GLOBALISATION?

11. Characteristics
World’s economies have developed closer links through trade, investment and production.
Manifest itself in two ways;
Global Brands – Big Mac Index
Global sourcing – Worldwide Production

12. EU
One of many ‘trading blocs’

13. Factors promoting globalisation
Reduced protection (WTO)
Reduced capital movement restrictions
Developments in ICT
Fall in real transport costs
Liberalisation of domestic markets

14. A2 text p. 310 – p.320

15. Globalisation
Winners
Losers

16. Effects of Globalisation
Interdependence
Global brands
Improved medical supplies
Higher standard of living???
Growth in Inequality
Exploitation

18. Deglobalisation?

19. MNCs and FDIs Activity p. 314
Multinational corporation operates in many countries.
Coca Cola, Ford, Starbucks
MNCs provide foreign direct investment (FDI) which involves capital flows between countries.

20. A2 text p. 310 – p.320

21. A2 text p. 310 – p.320

22. What the maps suggest
These maps suggest growing inflows of foreign direct investment in the 1990s. In 1970 and 1980, large parts of Africa, Latin America and Asia had zero or small inflows of foreign investment. By 1999 large parts of Asia, Africa and Latin America, as well as all of North America and large parts of Europe, have FDI inflows greater than 1% of GDP.
This expansion of foreign investment into the global South indicates increasing global economic integration. However, much of this expansion may be due to sale of state enterprises, known as privatization, rather than the setting up of new factories (Sutcliffe 2001: 78). And, FDI is heavily concentrated in only a few, industrializing nations. In 1997 nearly 71% the foreign direct investment in developing countries (the global South) went to just 9 nations, and of that over 30% was invested in China alone (Todaro, 2000: 578).

23. Is FDI good for developing countries?

24. Articles – Positive or Negative?

25. FDI good or bad for China?
Pros
Cons
A2 text p. 310 – p.320

26. FDI good or bad for China?
Pros
Cons
Injection in Circular Flow
MNCs may underpay and use capital intensive
Credit balance of payments (Exports +)
Less jobs to tax
More tax revenue
Outflow of profits may outweigh positive impact on balance of payments (Net Effect Minus)
Improved productivity
Environmental costs!
Technology transfer

27. Other Financial Flows ‘Hot Money’ Chasing Interest and Exchange rates
Disruptive
Short termism
Portfolio Investment Chasing shares and bonds
Longer term
Foreign Aid – IS AID GOOD?
Loans
Remittances

28. Aid Some say trade not Aid
Aid is seen as short term, one sided measure.
VIDEO – Trouble with Aid
To what extent is Aid helpful for developing economies?

30. Higher thinking Skills
P&D
Planning and
Data
Lesson Objectives
ALL (KNOWLEDGE)
Define and describe the terms of globalization & FDI
MOST (ANALYSIS)
Examine and Analyse the concepts of globalization & FDI
SOME (EVALUATION )
Evaluate the pros and cons & Justify your views on globalization
Higher thinking Skills

31. Climb the Ladder A-A* C-B E-D To what extent Do you think
ATD
Apply to
demonstrate
A-A*
To what extent
Do you think
Evaluate whether
(8-10m) 10+ connectives & key words
C-B
Explain
Compare
Analyse
(5-8m) connectives & key words
E-D
Define
Describe
Identify
(2-4m) connectives & key words

32. Pass the Parcel R
Review the Learning
Add as much information you can remember from today’s lesson When the horn blows – pass your sheet to the next table!

33. Neighbours 2 things your neighbour has learnt today
Review the Learning
2 things your neighbour has learnt today
1 question your neighbour wants to ask

34. R
Review the Learning
Tweet Tweet
Summarise your learning today into a single tweet 140 characters Keep all of the information
STOP

35. 3 pieces of information 2 new things you learnt 1 question
you need to ask
2 new things you learnt
3 pieces of information R
Review the Learning

36. 5 minutes. . . GO
STOP