Global Systems Flashcards
(10 cards)
How have nations become more interdependent economically?
Through the trade of oil which is vital for production for many countries
How have nations become more interdependent politically?
Immigration and the EU
How have nations become more interdependent environmentally?
The carbon emissions of each nation impacts others such as through climate change
Chernobyl in 1986 impacted people in Ukraine, Russia and Belarus
What are the benefits of unequal flows of people?
Economic development
Remittance payments to developing nations
What are the drawbacks of unequal flows of people?
Less developed nations can experience a Brain Drain which can lead to a negative multiplier effect
Low skilled migrants are generally happy to work for lower wages, meaning that their pay can be suppressed
Qatar 2022, workers died in construction of stadiums
What are the benefits of unequal flows of money?
Host countries of FDI can benefit from foreign capital and enterprise, leading to a skills transfer
Foreign aid can help develop infrastructure and improve living standards
What are the drawbacks of unequal flows of money?
FDI can force out local businesses
Companies can pressure foreign governments to lower things such as environmental protocols and workers rights in order to reduce their production costs
Why is it bad that most technology is owned by developed countries?
Developed countries have the advantage in terms of development
e.g. In 2016, 97% of people in the Netherlands had access to the internet whereas only 20% of people in Myanmar did
How have unequal flows altered power relations?
Some nations have become stronger than others
e.g. Some of the nations set to be most affected by climate change are the poorest such as Tuvalu whereas the largest contributors to climate change are some of the richest
How has the WTO enforced unequal power relations?
The WTO has encouraged reductions in the barriers to trade, however, many rich nations have kept their barriers at the expense of poorer nations
