Global Governance Flashcards
(11 cards)
What is globalisation
The process of becoming more globally connected
What are the 4 types of globalisation
Economic
Political
Cultural
Social
What are examples of economic globalisation
TNCs trade products internationally
Industries moved to developing countries
Creation of trade blocs
What are examples of political globalisation
Governments form connections to trade
Deregulation policies
International organisations exist to harmonise national economies
What are examples of cultural globalisation
Exposure to media sources
Ability to travel internationally
Greater awareness of world events
Westernisation
What are examples of social globalisation
International immigration is creating multicultural societies
Social networking has revolutionised human connections
What are capital flows
The movement of money for the purpose of investment, trade or businesses
What is the IMF
The International Monetary fund
International corporation that aims to foster global monetary cooperation
secure financial stability
promote high employment and economic growth
What are the core regions
Wealthier developed countries that have power
What are the periphery regions
less wealthy, developed countries with less power
What is the world bank
A group of global institutions that give out loans for development
