Table 2.
Features of globalisation
New global governance structure | Globalisation influences the interdependence among nations as well as the nation state's sovereignty leading to (a need for) new global governance structures. |
Global markets | Globalisation is characterised by worldwide changes in economic infrastructures and the emergence of global markets and a global trading system. |
Global communication and diffusion of information | Globalisation makes the sharing of information and the exchange of experiences around common problems possible. |
Global mobility | Global mobility is characterised by a major increase in the extensity, intensity and velocity of movement and by a wide variety in 'types' of mobility. |
Cross-cultural interaction | Globalising cultural flows result in interactions between global and local cultural elements. |
Global environmental changes | Global environmental threats to ecosystems include global climate change, loss of biodiversity, global ozone depletion and the global decline in natural areas. |