CS- Eastern Europe Flashcards
1
Q
In what ways does Eastern Europe experience interdependence?
A
- Remittances from economic migrants seeking job opportunities in ‘core’ countries.
- Dependence on TNCs for economic growth and investment (FDI). For example, Nestle to Czech Republic.
- Short term work permits to residents of Ukraine.
- Investment in technology and AI.
2
Q
Which unequal flows have Eastern Europe experienced?
A
Unequal flows of people
Unequal flows of capital
3
Q
What has been the impact of unequal flows on growth and stability on eastern Europe?
A
- Growth - Inflow of capital through remittances.
- Growth -FDI and TNC investment.
- Stability - New job opportunities due to TNC investment.
- Growth - Expansion of Polish economy.
4
Q
What has been the impact of unequal flows on inequality, conflict and injustice on eastern Europe?
A
- Inequality - Job losses in young adults (brain drain).
- Inequality - Wages have been pushed up due to competition.
- Conflict - Lack of community cohesion due to increase of economic migrants from Ukraine and the Philippines.
5
Q
what is community cohesion?
A
when diverse individuals share feelings of identity and belonging
6
Q
what is FDI?
A
foreign direct investment