GLOBAL GOVERNANCE Flashcards
(39 cards)
What is globalisation?
The process by which businesses, ideas, and cultures spread across the world, creating interconnections and interdependence among nations.
What is glocalisation?
When products are distributed globally but adapted to local needs, e.g., McDonald’s Maharaja Mac.
Name four types of globalisation.
Social, Economic, Political, Cultural.
Give two positive effects of globalisation.
Cultural exchange, Open jobs to LICs.
Give two negative effects of globalisation.
Climate change, Cultural loss.
Name four types of global flows.
Goods, Money, People, Technology & Ideas.
What are examples of global flow of goods?
Containerisation, global supply chains.
What are push factors for migration?
War, poverty, crime, lack of services.
What are pull factors for migration?
Jobs, safety, better standard of living.
Define internal and international migrants.
Internal: Move within one country; International: Move across countries.
What is a refugee?
Someone fleeing conflict or persecution.
Name three barriers to migration.
Distance, government policies, language.
What factors create a shrinking world?
Faster transport, communication, and media influence.
What is containerisation?
The use of containers to reduce costs and improve efficiency of goods transport.
How does poverty drive migration?
People seek better quality of life and income opportunities.
Why do primary commodity prices affect migration?
Instability in income due to fluctuating prices encourages people to move.
What defines a superpower?
A nation able to project its influence globally through hard and soft power.
What is a global hub?
A region or city central to global activity like Silicon Valley.
Give two benefits of migration for superpowers.
Fill workforce gaps, sustain economic growth.
What is brain drain?
Educated individuals leaving one country for better opportunities.
Name one inequality caused by migration.
Economic spiral from loss of young labor force.
What are remittances?
Money sent by migrants to their home country.
What is interdependence?
Mutual reliance between countries.
Name a risk of global interdependence.
Vulnerability to global shocks.