From the 1990s, the service industry followed too. Manufacturing industries, therefore, moved to these countries, as it was typically cheaper to source labour there. In the 1980s, more countries like the Philippines, Cambodia, Indonesia, and other countries in the South American region started to industrialise. In the 1960s, the 'Asian Tigers' started to industrialise (South Korea, Taiwan, Singapore, and Hong Kong), as well as China and India. During the 1950s, manufacturing industries started to move to countries like Japan. This all changed during the Industrial Revolution when imports of raw materials from abroad became more favourable. Once upon a time, in countries like the UK, imports of materials from other countries were not favoured over UK-based products. The global shift is all to do with the movement of the economic centres of the world, towards the Asian continent. Some say the world is shrinking or compressing because it is now so much easier and faster to move around the world, and stay connected to people across the planet. With the rise of Transnational Corporations, the role of governments and organisations, and the increase of technologies and transportation, the world is becoming globalised. Globalisation is the way the world is becoming more connected, through increased flows, interdependence, and relationships between nations. Global shift definitionīefore we go ahead and define the global shift, let's quickly revise the idea of globalisation. But what exactly does that mean? What has caused this global shift? Who has benefitted from it? Are there people who have lost out? Read on to find out more.
It's all about the movement of the economic centre of the world. Astrology and geography could be next year's topic! The global shift is more related to the topic of globalisation, and our increasing connectedness within the world. When we talk about the term global shift, we're not exactly talking about outer space and the actual movement of the earth.
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