BRIC countries analysis (4.3) Flashcards
What does Brazil stand to gain from development?
- chance to reduce poverty and maintain economic growth
- development will lead to education standards improving which will benefit Brazillian TNCs which will become more prominent in the global economy e.g. Petrobas
- development will enable economic reform to occur which will shift people from primary industries to secondary industries e.g. low produce, cash crops to adding value manufacturing
What does Brazil standard to lose from development?
- civil unrest due to gang violence and drugs from nearby countries e.g. Colombia e.g. World Cup and Olympics riots
- Decline in the tertiary industry due to outsourcing of labour e.g. India, Bangalore
- Corruption and low public trust
- Inequality due to clear rural-urban divides in spending
What does Russia stand to gain from development?
- Political and social recognition as increased GDP will make Russia likely to join trade blocs e.g. EEU
- Greater involvement in geopolitical issues e.g. Syrian conflict
- Greater sphere of influence and ability to construct new oil pipelines e.g. Brotherhood pipeline.
What does Russia stand to lose from development?
- loss of ideology and cultural erosion, due to westernisation and investment diluting Russian governance
- Industrialisation will likely lead to environmental degradation and oil/gas exploitation
- Development may be unsustainable to due dependency on oil and gas requiring investment into sustainable sources to ensure energy security
What does India stand to gain from development?
- utilisation of large population 2050 - 1.9 billion which can be education leading to greater innovation and Indian TNCs which will have a greater role in protecting Indian culture and the global economic system
- greater recognition for human rights which help women get education doubling economic output
- development would enable India to have a greater influence of geopolitical systems e.g. contested land
What does India stand to lose from development?
- greater pressure on poor working conditions, inequality and gender inequality
- environmental degradation e.g. Coal India Ltd providing 5% of worlds coal
- greater soft power but currently lack hard power
What does China stand to gain from development?
- Growth has reduce poverty - 20% of the worlds population
- become worlds largest consumers which make China more influential in trade
- growth of tech companies and quinary sector that are more efficient than western ones
What does China stand to lose from development?
- inequality of wealth due to the diaspora of communities across China
- cultural erosion
- the exploitation of natural resources
- greater sphere of influence making it more impactful and therefore, prevalent in conflicts e.g. the South China Sea.
How has Brazil gained power?
Due to its climate being perfect for agriculture and the conversion of cash crops into manufactured goods that allow product exportation. An export-led economy
How has Russia gained power?
natural resources e.g. oil/gas, land size and military culture
How has India gained power?
large population, british imperalism, young population, science/technology
How has China gained power?
population size, wealth, trade routes, military size, soft power over other asian colonies (collective power), in UN and other IGOs e.g. NDB and neocolonialsm