Global Systems - Unequal Flows Flashcards
Countries become interdependent- rely on each other. How do they rely on each other ?
Political
Economic
Social
Environmental
What are the patterns of unequal flows of money
Flows from developed country to less developed countries
Examples of flows of money
Foreign aid and FDI - foreign direct investment
What are the benefits of flows of money
FDI allows companies to take advantage and cheap labour and cheap raw materials
Foreign aid improves living Standards
What are inequalities from unequal flows of money
Foreign aid creates dependency
Countries have less incentive to improve their own countries they rely on the aid from developed countries
Conflict from unequal flows money
Causes conflict between foreign companies and local people
Eg. Peasant framers evicted for FDI in agriculture
Injustices cause by unequal flows of money
Companies might make countries pass laws to make it cheaper for them to invest there
Eg cutting environmental regulations
where is it easier for migrate
people in developed countries find it easier to migrate
how does flows of people create economic growth
migrates send money back to home countries which boosts the economy there
why are there flows of people
war
famine
persecution
what is the general pattern of what countries people move to
countries with more jobs
better wages
inequalities which develop from unequal flows of people
brain drain
skilled people leave a country and take knowledge with them
conflict caused by unequal flows of people
low skilled migrants often are happy to work for less money then lower skilled locals. wages get lowered for local population as well. causes conflict between locals and migrants
injustices caused by flows of people
migrate do jobs which are dangerous conditions for little money
example of injustices within flows of people
quatar
FIFFA world up
serval thousand died building the facilities
2022
globalisation has led to unequal flows of technology what countries does technology flow from and to
developed countries to less developed
what are inequalities created by unequal flows of technology
developed countries can afford the latest technology
less developed countries can’t
developed countries have an advantage, they can afford the latest technology which means they can make products and have better access to information due to better communications