1. Globalisation and Culture
Def: refers to the increasing connectivity of economies and ways of life across the world.
http://en.wikipedia.org/wiki/Globalisation
http://news.bbc.co.uk/2/hi/business/6279679.stm
http://www.globalisationguide.org/04.html
http://www.spinneypress.com.au/202_book_desc.html
http://economics.about.com/od/globalizationtrade/l/aaglobalization.htm

Benefits of globalisation:
1) Economic benefits
2) Benefits poorer members of society
3) Rapid flow of IT
4) Globalisation is not new, but is a product of the industrial revolution.

Disadvantage of globalisation:
1) Freeing of financial markets has brought global instability
2) End of cultural diversity - tend to follow the culture of America
3) Falling wages of workers
4) Flood of migrants to cities in poor countries
5) Growing inequality across the world