Globalisation/global systems Flashcards

Question

Issue for host country with FDI in another

Answer 1

May reduce gov spending/TNC spending here.

Answer 2

Help educate low-income countries to grow or reduce inequality. Deregulation/privatisation/free trade

Answer 3

LICs/EMEs due to FDI.Indian call centre workers enjoy higher QoL than their parents (large difference, short temporal scale).

Answer 4

Loss of jobs in host countries, workers paid little in relation to profits and can't afford these in LICs usually.

Answer 5

Average incomes in Asian Tiger economies soared eg European FDI. 1 billion people escaped absolute poverty defined by UN 1.90 per day 50% FDI to EMEs eg BRIC/MINT.

Answer 6

Relatives feel less connected to one another or may have moved to the country instead. $100 bil

Answer 7

Western Europe to Ukraine. But increased tensions with Russia.

Answer 8

Successful campaigns for vaccinations against infectious diseases.

Answer 9

Invests in foreign countries in Asia/Eurpoe/Africa to develop trade with transport infrastructure or ports (self-interest). If countries cannot repay debts for this, China can gain control over the assets/infrastructure paid for eg Malaysia.

Answer 10

Kenya sell flowers to UK showing interdependence. Producers in Kenya rely on UK as a market and UK consumers rely on Kenya for products they can't get elsewhere. Though, this LIC has sturggled to trade wit EU due to impsotion of tariffs on non-member states.

Answer 11

Has plenty of natural resources (copper and cobalt) Access to freshwater English is commonly spoken Yet, after civil wars, corruption and HIV/AIDS epidemics, its development has been stunted. Nearly 1/3 of the population) live under the poverty line amongst many other indicators of development (live expectancy, infant mortality, etc.)

Answer 12

Poverty in Uganda is greatest in its rural areas, particularly the North where the majority of the population are smallholder subsistence farmers in Shambas. Fishing Lake Victoria is also common practice for those living on its shores. The fishing is unregulated and has become very unsustainable (overfishing). Also new preadtory species Nile Perch reduced economic potential from fishing. Main export of coffee due to previous British colonialisation. Env exploitation. Over-production in late 90s led to fall in income for farmers. Land-locked China and India are 2 biggest improters.

Answer 13

There has been technological change taking place in the rural regions of Uganda. Mobile phone antennae are springing up from the rooves of farm houses. Given installing telephone wires across these areas would be too expensive. The arrival of new cheap wireless technology has revolutionised how people communicate and how some make their living income. This is called the ‘Village Phone Model’. People wishing to start a mobile phone business are given loans. This money is used to buy a mobile device (more so smart phones today), a car battery to charge it and a booster antennae that can pick up signal from 25km away. Paid back in months (short temporal for lon-run benefits). This new accessibility to internet/communications and data has changed the way the economy works in the area making it much more efficient and competitive.

Answer 14

The EAC vision is To set up a prosperous, stable united East Africa To provide a platform to widen and deepen Economic, Political, Social and Cultural integration in order to improve the quality of the life of people of East Africa through increased competitiveness, value added production, trade and investments Free trade between member states Country in future?

Answer 15

HICs lead politcal conferences HICs contribute msot to climate change and waste but LICs impacted most and can't afford, financially, to deal with it. LICs supported financially but often under strict conditions and repayment charges with interest.

Answer 16

Only 40% of people in the world have access to the internet, so we are set for these flows to become all the more influential.

Answer 17

The Great Firewall – Set up in stages throughout late 1990’s Banning of websites that the Chinese government did not approve of. Bandwidth Throttling – intentional slowing of internet speeds when trying to access illegal websites The Golden Shield – set up in 1998 A system of domestic surveillance Those caught breaking the law would be subject to fines, arrests and imprisonment. In 2010 Lui Xiabao was imprisoned for 10 years for sharing illegal documents. The UN awarded him the Nobel Peace prize, this was not reported widely in China. China has been relatively successful in controlling the information that its citizens are exposed to. Yet, they have found a healthy balance between censorship and exposure for trade. For example, Alibaba is a Chinese e-commerce company that connects Chinese exporters with companies all over the world, allowing for ease of trade between the east and west. Wholesale.

Answer 18

NATO supports globalization by ensuring collective defense, stabilizing key regions, and addressing global threats like terrorism and cyberattacks, creating a secure environment for global trade and cooperation.