costs and benefits of global shifts for NEEs Flashcards
global shift definition
the international relocation of industries from HICs to NEEs/NICs
what are the costs of global shift for NEEs
average income lower
environmental pressure and resource pressure
unplanned settlements
benefits of global shift for NEEs
poverty reduction and job opportunities
education and training
improved infrastructure
casestudy example for average income (as a benefit)
FDI with local firm Chaebols within South Korea has boosted South Korea to have 11th largest economy in the world
casestudy example for poverty reduction and waged work (as a benefit)
1 billion people have escaped poverty since 1990
predicted that Asia will have 3bn middle class people
casestudy example for education and training (as a benefit)
8.2 million graduates in China in 2019, leading quaternary sector
education in Asia has increased
casestudy example for environment and resource pressure (as a negative)
Since 1990, Togo has lost 60% of forested area, Nigeria’s forest halved in size
casestudy example infrastructure, built environment and settelements (as a benefit)
high rise developments increasing in Asian cities (Jakarta, Hong Kong, Singapore etc)
casestudy example infrastructure, built environment and settelements (as a negative)
Dharavi slum is home to people living on less than £200 a month, but has a thriving recycling industry worth £700 million and employing 250,000 people