Intégration inégale dans la mondialisation Flashcards

(51 cards)

1
Q

Global Value Chains (GVCs)

A

The full range of activities required to bring a product from its initial design and production stages to its final consumption. (design, production, transport…)

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2
Q

Emerging nations

A

rapid industrialization and economic growth but not yet fully developed. (BRICS…) they see improvement in infrastructure, education, and market liberalization.

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3
Q

Global governance

A

The system of rules, policies, and institutions that manage global issues and promote international cooperation. (organizations, treaties, and mechanisms that regulate areas like trade, security, environmental issues, and human rights)

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4
Q

Global Inequality

A

The uneven distribution of wealth, income, and resources between and within countries. Disparities in living standards, opportunities…

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5
Q

International Organisations

A

UN WTO WB… operate across national borders to adress global issues.

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6
Q

Least Developed Country (LDC)

A

severe challenges to sustainable development due to low levels of income, education, and health.

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7
Q

NGOs

A

Non-profit organizations that operate independently from government control. (Red Cross, Greenpeace, and Doctors Without Borders….)

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8
Q

Trade blocs

A

Groups of countries forming agreements to promote trade among themselves by reducing tariffs and other trade barriers. (EU, ASEAN, MERCOSUR…)

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9
Q

TNCs

A

Large corporations that operate in multiple countries, often control a significant portion of the global economy and can influence both local and international markets. (GAFAM, Shell…)

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10
Q

Smile curve

A

It shows how value is added at the two ends of a production process—design and marketing—while the middle stages, like manufacturing, add less value.

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11
Q

Wold System Theory

A

Created in the 70s by Wallerstein, it divides countries in core and periphery, it evolves with time.

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12
Q

Core

A

They hold significant political, economic, and cultural power, are characterized by their ability to influence global markets, with high standards of living, robust infrastructure, and a highly skilled workforce.

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13
Q

Periphery

A

Less developed and dependent on the core, they tend to be rich in natural resources but often lack the technological capacity or infrastructure to exploit them. They are subject to political instability, weak governance, and social inequalities.

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14
Q

Examples of Core countries

A

US, Western Europe, East Asia…

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15
Q

Examples of Periphery countries

A

Sub-Sharan Africa, Latin America, South Asia…

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16
Q

Semi-periphery

A

Characteristics of both core and peripheral nations, often industrializing and growing economically but still rely on the core for capital, technology, and market access.

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17
Q

Examples of semi-periphery countries

A

Eastern Europe, parts of Southeast Asia, and Latin America (Russia, Turkey, and South Africa).

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18
Q

How did globalization influence the core-periphery dynamics

A

by defying Western powers (rise of multinational corporations with supply chains that span the globe, China’s rise as a global manufacturing hub, new geopolitical powers like the BRICS…)

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19
Q

Factors for unequal intergation

A

History and colonialism, geographical or geopolitical position, access to capital and investment, technological and infrastructure gaps, trade and economic policies, social and institutional factors…

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20
Q

Why does the colonial past influence global integration ?

A

Ressource extraction, economic systems benefited the colonizer, artificial borders, weak intitutions and political instability…

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21
Q

Why does the geographical position influence the global integration ?

A

landlocked countries (Nepal, Tchad…) struggle for transport, close to important canals, have important natural ressources (Saudi Arabia and Russia for energy)

22
Q

foreign direct investment (FDI)

A

when a company or individual invests directly in business operations or assets in another country.

23
Q

Multinational corporations (MNCs)

A

companies that operate in more than one country, managing production or services across borders.

24
Q

How can a country not attract investment ?

A

Lack of skilled workforce, weak institutions, high levels of corruption, political instability, and inadequate infrastructure…

25
How can economic policies influence world integration ?
Countries that adopt open trade policies and actively pursue free trade agreements (FTAs) are often better able to access global markets and attract investment (South Korea and Singapore). (X protectionist policies)
26
The World Bank
aimed at reducing poverty and promoting sustainable development. It provides loans and grants to developing countries for projects in areas such as infrastructure, education, health, and agriculture.
27
Critics against the World Bank
loans often come with conditions (structural adjustments that require economic reforms like privatization and austerity measures, focus on large-scale infrastructure projects can sometimes harm local communities and the environment).
28
The International Monetary Fund (IMF)
economic survaillance, policy advice, financial support (emergency financing like during the 2008 global crisis for Greece, Ireland...) in exchange for structural reforms aimed at stabilizing and restructuring their economies.
29
The World Trade Organization (WTO)
1995, forum for negotiating trade agreements, resolving disputes, reduce trade barriers such as tariffs, quotas, and subsidies. Helped trade after WWII.
30
Critics of the World Trade Organization (WTO)
favouring developed countries, undermining developing country’s ability to protect their domestic industries, fails to address environmental concerns and workers' rights adequately...
31
How were Key International Organisations influenced by emerging countries ?
They pushed for a more balanced voting structure, more inclusive and flexible frameworks to help development, adress historical imbalance in trade agreements, created alternative institutions (AIIB...)
32
How did Brazil change its economy in the 90s?
they dismantled protectionist trade policies, reducing tariffs, and privatizing state-owned enterprises (President Fernando Henrique Cardoso).
33
MERCOSUR
trade bloc with Brazil, Argentina, Paraguay, and Uruguay -> promoting regional economic integration in South America and facilitating negotiations with other international economic blocs.
34
Brazil's important natural ressources
iron ore, oil, and natural gas -> economy focused on exports = unstable.
35
Why is Brazil a leader in South America ?
MERCOSUR, BRICS, UNASUR, pushed for reforms in global institutions such as the IMF and the World Bank, maintaining good relationships with western powers, important role in international diplomacy (climate change with Paris Agreement, UNFCCC...)
36
Brazil's social situation : successes
increased connectivity, exposure to global culture, and access to new technologies (+importance of cultural export for soft power or of hosting international events).
37
Brazil's social situation : failures
exacerbated social inequalities and created challenges related to labor and social rights.
38
Brazil's challenges :
2008 global crisis, corruption scandals and slow growth, dependent on exports making its economy vulnerable to fluctuations in global prices
39
SEZs (Special Economic Zones)
designated areas within a country where special economic rules apply (tax breaks, relaxed regulations, or trade incentives) to attract foreign investment and boost economic activity.
40
Shenzhen
First Chinese SEZ (1980), went from a small fishing village to a major global manufacturing and innovation hub within a few decades. Now attract FDIs (home of Huawei and Tencent).
41
Why does Shenzhen attract FDIs ?
favorable policies, low labor costs, and proximity to Hong Kong.
42
Three main typed of trade blocs
Free trade area : no tariffs (internal or external), can negotiate own trade deals. Custom Union : no tariffs, no border checks, common external tariffs, trade deals for the Union. Single market : no tariffs, common external tariffs, freedom of movement for goods and people, common rules and regulations.
43
Catch-up effect
Countries joining a rich trading bloc can benefit from inward investment and increased trade opportunities (Eastern Europe and the EU).
44
Gravity theory of trade
trade with countries in close proximity is the most important due to lower transport and similar cultural and economic ties.
45
Trade diversion
shifting trade toward member countries even if non-member countries can be more interesting. (inefficiencies and lost opportunities for countries, which can harm their economies)
46
Advantages of Trade Blocs
More trade, lower prices for consumers, specialization, pooling of resources and expertise, gives small countries a voice, choice for the consumer -> competitiveness, helps political cooperation, gravity theory, catch-up effect.
47
Disadvantages of Trade Blocs
Trade diversion, regional or worldwide inequalities, interdependence, loss of soveirgnty, higher cost domestic products, structural unemployment as resources shift from uncompetitive industries to newer industries.
48
ASEAN, who and when ?
1967, Indonesia, Malaysia, Philippines, Singapore, Thailand, Brunei, Vietnam, Laos, Myanmar, Cambodia
49
50
ASEAN successes
AFTA (1992 free trade area), lower tariffs attract FDIs, important economic hubs (Singapore...), political dialogue, ARF (regional forum that includes China, Russia...), AHA center (coordinates disaster response ; 2004 tsunami)
51
ASEAN failures
Economic disparities and different political systems so hard to manage (South China Sea conflict), non interference policy (Myanmar 2021 coup), decisions are made with consensus, AEC (economic community) resists to sovreignty loss.