Examine the implications of hacking, identity theft & surveillance for personal freedoms. Explain the political, economic and physical risks to global supply chain flows.
Examine the implications of hacking, identity theft & surveillance for personal freedoms. Explain the political, economic and physical risks to global supply chain flows.
GROUP PRESENTATIONS
Explain how profit repatriation and tax avoidance by TNCs and wealthy individuals, and disruptive technological innovations, such as drones and 3D printing, threaten political and economic sovereignty
Explain how profit repatriation and tax avoidance by TNCs and wealthy individuals, and disruptive technological innovations, such as drones and 3D printing, threaten political and economic sovereignty
Profit repatriation and tax avoidance are strategies used by TNCs to increase profits. Globally, $500 billion is lost every year through tax avoidance.
TASK: Note key figures for global tax avoidance and draw a diagram explaining how this works
CASE STUDY: PANAMA PAPERS
The Panama Papers are 11.5 million leaked documents that detail financial and attorney–client information for more than 214,488 offshore entities. The documents, some dating back to the 1970s, were created by, and taken from, Panamanian law firm and corporate service provider Mossack Fonseca, and were leaked in 2015 by an anonymous source.
The documents contain personal financial information about wealthy individuals and public officials that had previously been kept private. While offshore business entities are legal, reporters found that some of the Mossack Fonseca shell corporations were used for illegal purposes, including fraud, tax evasion, and evading international sanctions. (Source)
Explain the correlation between increased globalisation and renewed nationalism/tribalisation
Explain the correlation between increased globalisation and renewed nationalism/tribalisation
NATIONALISM IN EUROPE
Nationalism is on the rise in Europe and the rest of the world. While nationalism has been present throughout history, this recent rise has been attributed to growing disparity and threats to sovereignty associated with neoliberal policies linked to globalisation.
Name 3 examples of nationalist parties in Europe and outline the main reasons for rising nationalism in the context of globalisation
Scan read one of the articles below to highlight key words
Read again and summarise the main arguments for and against globalisation
Easy
Hard
CHINA - USA TRADE WAR
Explain how globalisation and free trade have contributed to escalating tensions between the USA and China.
GREAT BRITAIN AND THE EU - BREXIT
Explain how globalisation led to tension between Great Britain and the EU, how this led to Brexit and the role of nationalist political parties in this change
Analyse the relationship between globalization and the resurgence of nationalism. [16 marks]
In pairs, complete an essay planner using information from today’s lesson.