Global Systems and Russia Flashcards

1
Q

What is interdependence?

A

When governments, companies, and countries are reliant and dependant upon one another

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2
Q

What can unequal flows of money and people create?

A

Stability, but also inequality

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3
Q

In unequal flows of people, what are the pros for source countries?

A
  • migrants may send money back to their home countries - remittances
  • reduces pressure on services in the country, population pressure
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4
Q

In unequal flows of people, what are the cons for source countries?

A
  • population decrease, fewer people, smaller workforce
  • loses tax, decrease in economy and skills
  • population ages as younger people move away
  • many people die on the way, boats on Mediterranean
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5
Q

In unequal flows of people, what are the pros of recipient countries?

A
  • greater workforce, boosts economy
  • cheap labour
  • greater levels of tax, more people spending
  • skilled workforce, doctors etc
  • fills low skill, low paid jobs
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6
Q

In unequal flows of people, what are the cons for recipient countries?

A
  • increased population, demand for housing, jobs etc
  • demand for infrastructure
  • can lead to social tension, race riots, unrest
  • increase cost for border control
  • 1.53m detained on Mexico border (costly)
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7
Q

What is the world bank?

A

Organisation of 188 countries who work to promote financial co-operation to reduce poverty, usually through promotion of trade and high employment

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8
Q

What is the United Nations(UN)?

A

The UN promotes ​economic, social and environmental growth through the creation of international treaties and goals.

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9
Q

What is the World Trade Organisation(WTO)?

A

Deals with the rules of trade between countries ensuring trade flows freely , in favour of free trade

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