unit 4 (power places and network) Flashcards
(23 cards)
globalization
increasing independence of countries
what are the main forms of globalization?
-economic ,by accelerating the growth of TNCs , transnational corporations
-social ,the impact on western culture , art , media and sport
-political , the growth of western democracies and their influence on poor economies and the opening of central economies
what is a superpower?
countries that influence policies on a international scale , in different countries at the same time
what is an example of a superpower?
-USA
-former USSR
-China
-Russia
KOF index
do it
what powers do superpowers have
-economic
-military
-cultural
-geographic
what is soft power?
the ability to change individuals , communities and nations without any force
whats an example of soft power
USA
-college for international students
-usa films and shows such as friends go overseas
-brands
-culture
what superpower does the USA have?
-they have the worlds largest and most technologically advanced warships , tanks , military and artillery
- 1/6 households in the US have a member in the army
how is china a rising superpower?
do it
G7 and G8
the G7 is a group of powerful HIC (USA , France , Germany , Italy , Japan ,UK , Canada)
- they meet annually to the global economy , global governance , energy policy and international security
In 1998 Russia joined an it became the G8 but it was then removed because of its actions with Ukraine
- cant be global without china
-critics say they dont talk baout emerging econocmies
the G20
-group of 20 major economies
-discusses issues talking about global finanavial economies stability
- these countires acount for teh 80% of teh global gross world product
-80% of world trade
-65% of population
-discusses issues of ageing population
-critics say Africa is underepresented
-over 170 countries are not represented
the OECD
-after ww2 it was set up to run the marshall plan for the reconstruction of europe
-organization for european , economic cooperation
-it aims to analyse , discuss and solve problems with policies,
main policies
-restore confidence in markets
-re-establish healthy public finances
-foster and support new sources of growth and innovation (environmentally friendly strategies)
-ensure that all people of all ages have work oppurtunities
OPEC
OPEC=an oil cartel
-established in 1960 to counter oil cuts by american and european oil countires
-middle eastern countires in it
-in 1979 they produced 65% of teh worlds petroleum but in 2007 it droppped to 36%
-even through this loss of power they still kept stability over their power of oil prices
-as opec controlled oil prices in the 1970s and 1980s middle eastern countries gained power and increased their economic power
-this made other countrues want to increase energy conservation and develop different forms of energy
-countries need to mantain good relationships with countrues in opec incase of help of industrialization
-OPEC HAS 81% OF OIL BARRELS
The world bank?
-the world bank was established in 1944 as a source of financial aid and technoal asistance for develpoing countries and its main missions is to fight poverty , they do this by providing resources sharing knowledge and building capacity.
-until 1967 their main purpose was the reconstruction of Europe post war
-189 members , 189 relations
-after that they the focused on the needs of developing countries
-they also strated building schools , hospitals , improving literacy and agricultural reform
- as they focus on MICs this solidifies a relationship and creates a ‘give and take ’
multi government organizations?
they are governments that operate across a number of different states
what are examples of MGOs?
-the world bank
-the IMF
-UN
CHINA casestudy
IMF
international monetary fund
-international organization that overseas the global financial system
-
The new development bank
transnational companies
transnational companies
pros
transnational companies
cons
