3.8 Social, Political and Environmental Tensions Flashcards
3.8a open borders, deregulation and encouragement of foreign direct investment
open borders
EU citizens are free to move around the EU as a right. In 2015 there were about 250,000 French people living in London
3.8a open borders, deregulation and encouragement of foreign direct investment
deregulation of capital markets
In the UK, any bank or individual can trade in shares without having to use the London Stock Exchange. Individuals are free to invest without barriers. There are not restrictions for financial institutions in setting up offices and no government approval is required.
3.8a open borders, deregulation and encouragement of foreign direct investment
foreign direct investment
In 2015, the UK attracted over 32,000 jobs (mostly to London) from overseas-owned companies investing in software and financial services.
3.8a open borders, deregulation and encouragement of foreign direct investment
culturally mixed societies and thriving migrant diasporas
a
3.8a open borders, deregulation and encouragement of foreign direct investment
tensions
There has been a rise of extremism in Europe. Anti-immigration political parties have been rising in popularity since 2010, for example UKIP in the UK, the Front National in France
points of discussion
- The UK’s vote to leave the EU
- President Trump’s election policies towards migration
3.8a open borders, deregulation and encouragement of foreign direct investment
diaspora
Diaspora- the process or migration of people who share a national and/or ethnic identity away from their perceived homeland
3.8b controlling the spread of globalisation
censorship
censorship of internet content and published material in order to retain control, when free flows of information and ideas is perceived as a threat to government leadership
THE GREAT FIREWALL OF CHINA
state-controlled censorship: where print publishing or broadcasting via TV or radio is run by official State media
state-monitored: where overseas contacts or media are monitored and censored, including TV, print media, radio, film, theatre, text messaging, video games, literature and the internet
NORTH KOREA ATTITUDE TO GLOBALISATION
3.8b controlling the spread of globalisation
limiting immigration
range of attitudes from left to right wing
debates in the uK have focussed on limiting net migration- difficult, with flows from the EU, skills shortages in the knowledge economy, and a booming market in overseas university students
two arguments used by opponents of immigration
3.8b controlling the spread of globalisation
trade protectionism
Protectionism refers to government policies that restrict international trade to help domestic industries. Protectionist policies are usually implemented with the goal to improve economic activity within a domestic economy but can also be implemented for safety or quality concerns.
e.g. UK steel markets taking hit when government subsidised Chinese steel were ‘dumped’ onto global markets
raising tariffs on imported goods to protect domestic markets (as USA has done) is prohibited by WTO rules
3.8c maintaining cultural identity
indigenous groups
Indigenous groups are an important part of a nation’s culture but may get overlooked for economic development, such as mining, which forces diaspora of the population
FIRST NATIONS PEOPLE
3.8c maintaining cultural identity
resource nationalism
‘resource nationalism’ describes a growing tendency for state governments to take measures ensuring g that domestic industries and consumers have priority access tot he national resources found within their borders
opposition can be strong when an important landscape or indigenous groups are threatened by the resource extraction
