3.2.1.2 Global systems

Question 1

Positives of the International Monetary Fund (IMF)

Answer 1

• give loans to prevent a crisis such as recessions and natural disasters
• have given just over £200bn to Greece

Question 2

Negatives of the IMF

Answer 2

• has supported dictators
• USA is the largest contributor so it gets the largest vote

Question 3

Positives of the World Bank

Answer 3

• helps developing countries
• reduces extreme poverty
• has built 10,000 miles of road in India

Question 4

Negatives of World Bank

Answer 4

• covers up corruption
• forces Western practices

Question 5

How does unequal flows of labour promote stability, growth and development

Answer 5

• addresses labour shortages
• workers can return to their country of origin with new skills
• Sergey Brin (co founder of Google) originated from Russia but has contributed significantly to US economy

Question 6

How does unequal flows of money promote stability, growth and development

Answer 6

FDI in China has played a critical role in its development

Question 7

How does unequal flows of ideas promote stability, growth and development

Answer 7

The human genome project has lead to rapid medical advancements in medical care and genetics

Question 8

How does unequal flows of technology promote stability, growth and development

Answer 8

Development of technology in rural areas such as solar panels in India

Question 9

How does unequal flows of labour cause inequalities, injustice and conflict

Answer 9

• brain drain exacerbates inequalities in access to essential services
• LICs cannot retain their high value workers

Question 10

How does unequal flows of money cause inequalities, injustice and conflict

Answer 10

• can lead to land grabs and exploitation of resources
• the palm oil industry, dominated by FDI has led to deforestation and conflict with indigenous people

Question 11

How does unequal flows of ideas cause inequalities, injustice and conflict

Answer 11

• disparities in access to education prevents development
• exemplified in online learning during COVID

Question 12

How does unequal flows of technology cause inequalities, injustice and conflict

Answer 12

Disparities in internet access can marginalise disadvantaged communities

Question 13

What is the issue surrounding unequal power relations

Answer 13

Some states possess greater economic, military, or political power, allowing them to influence global systems and shape geopolitical events to their advantage

Question 14

Example of unequal power relations

Answer 14

US influencing conflict in the Middle East

Question 15

How can states influence global systems

Answer 15

• US gets the largest percentage of voting in IMF
• can push WTO for trade deals which benefit their major markets