Global systems Flashcards
(21 cards)
What is global interdependence?
Global interdependence is the idea that the success of one place is dependent on the success of other nations/regions.
What are the four main forms of interdependence?
Economic.
Political.
Social.
Environmental.
Define economic interdependence.
Economic interdependence is when countries rely on each other to buy and sell the goods that they need and produce, and depend on flows of labour to provide a workforce.
What does political interdependence involve?
Political interdependence involves countries working together to tackle global issues, political unrest, and conflict.
Define social interdependence.
Social interdependence refers to the increased global connections through diaspora and the consumption of media (films, TV, music, and internet) from various countries around the world.
What is meant by diaspora in the context of social interdependence?
Diaspora refers to people from a particular country or ethnic group who are scattered around the world, increasing social connections between different nations.
How does labour flow contribute to economic interdependence?
Labour flow contributes to economic interdependence by providing a workforce for countries that need it, often through migration.
What are the four main types of unequal flow within global systems?
flows of people
capital
technology
ideas.
Define brain drain.
Brain drain is the phenomenon where highly skilled professionals, such as doctors and nurses, leave their home countries (often LDE countries but not always) to work in other countries.
What are remittances?
Remittances are money transfers made by migrant workers to their home countries, which can boost growth and development in LDE and EME countries.
What is FDI?
FDI stands for Foreign Direct Investment, which is a form of capital flow that can contribute to economic growth and development in recipient countries.
How can technology flows positively impact LDE countries?
Technology flows can positively impact LDE countries by improving quality of life through better healthcare, cleaner energy, and improved education opportunities.
What is neo-liberalism in the context of unequal flows of ideas?
Neo-liberalism is an economic and political ideology promoted by HDE countries that emphasises free-market capitalism and reduced government intervention.
What do the IMF and World Bank do
The IMF and World Bank are examples of global financial institutions which can reinforce unequal power relations.
What is the Great Firewall of China?
The Great Firewall is China’s system for regulating the internet and blocking access to certain foreign websites.
How does China’s expansion in the South China Sea demonstrate unequal power relations?
China’s expansion in the South China Sea, including building and arming islands and claiming 90% of the area, demonstrates its ability to exert power over smaller nations in the region who rely on other countries like the USA for support.
How are countries economically interdependent
trade
advances in technology
employment
international economic migration
TNCs and investment
supply chains
industrialisation
How are countries politically interdependent
intergovernmental organisations: IMF/WB/WTO/UN
security and stability
world peace
How are countries socially interdependent
Health: WHO
Education: foreign exchange
Culture: through migration
How are countries environmental interdependent?
global commons
global climate change
unsustainable practices
What is agglomeration
some industries tend to cluster in specific geographical areas as sharing of regional skills and specialist information saves costs
