2- Global Governance: Political And Economic Flashcards
1
Q
Terms for Political Globalisation
A
- interconnectedness
- interdependence
- nation- state
- autonomy
- realism/liberalism
- supranational
- monoculture
- pre/post cold war
2
Q
Types of globalisation
A
Trade/economic Cultural Political Internal External
3
Q
Trade /Intergovernmentalism
A
- EU/economic alliance
- UK receive 3% gas and 5% oil from Russia
- intergovernmentalism - interests of nations bound to IGOs and they must respect authority of IGOs
4
Q
impacts of regionalism/reigonal + sov
A
- impacts sovereignty
- Asian development bank - 68 memb
- European central bank
- AIIB
- EU erodes sovereignty - pooled/maastricht treaty 1992 - major criticised for it
- Global Pressure groups ie. HR watch
5
Q
Internal Globalisation
A
- sovereignty within the state
- 2017 Supreme Ct declared Parliament had sov to initiate article 50 of lisbon treaty - Brexit
6
Q
International Law
A
- Israel breached 28 times
- USA - Obama illegal strikes in Syria 04-08’
- indian occupation if Kashmir - reviked article 370 - right to plebiscite
7
Q
Bretton Woods
A
- tied currencies to US dollar
- July 1944 - 44 countries
- created IMF/WB
- dissolved in 1970
- established global governance - stability
8
Q
Washington consensus
A
- packages in exchange for reform in countries
9
Q
UN members + 5 sections/date
A
- 193 members
- established in 1945
- split into 5 section ie.Sec council,eco/socio justice/secratariat/CT. jus/assembly
- UN systems: UNESCO,UNICEF,WHO
10
Q
UN - During Cold War
A
- USSR vs USA paralysed UN as both permanent members/deadlock
- failed to mediate conflicts
- by 1970 UN budget for development much more than peacekeeping
11
Q
UN - Post Cold War
A
- 1988-2000 peacekeeping budget increased 10x
- failed to intervene in Rwandan genocide 1994 - Tutsi ppl
- 2001 Iraq - no UNSC - only USA ego/ 2016 Chilcot enquiry found it illegal
12
Q
UN Success
A
- prevented WW
- disaramament
- declared universal HR
- have negotiated 172 peaceful acts
- 1995 Seirra Lonne civil war success
13
Q
UN Failures
A
- Israel violated law but wasn’t held accountable
- unilateral action in Iraq against UN adv
- Cuba missile crisis,Kashmir,vietnam
- cannot control nuclear powers
- no military strength
- failed to stop Bosnian genocide - 8000 muslim men killed
14
Q
World Bank
A
- invested $140 mil into Africa
- Ghana $700 mil
- $3.3 billion in Afghanistan
- allocates 20 billion anually
- 2011- $900 bil invested in china/india
- focuses on poor countries
15
Q
World Trade Organisation
A
- widened market to other consumers
- 45,000/£$40bil in tariffs removed
- disadv: targeted by anti-globalists, weakened worker rights, favours developed countries, structural inequality - marxists
- described as ‘rich mans club’
