Gloabalisation EQ3 Flashcards
What does development mean?
Standard of living + quality of life has economic, social and environmental indicators
What is a single measure of development?
1 particular indicator of development
What are composite measures of development?
Combines a variety of indicators into 1 score
Eg HDI
What is GDP?
Gross national product
Refers to market value of all finished goods and services produced by a country
What is the economic sector balance?
Measures proportion of economic output from each sector of industry
What is GNI?
Gross national income
Takes into account country’s GDP and income earned abroad
What is purchasing power parity?
Measure price of specific goods in different countries and compare power of different currencies
What is the HDI?
Measure combining life expectancy, education and per capita income indicators
What is the GDI?
Gender inequality index
Measure providing insights to gender inequality in health empowerment and labour markets
What is the Gini Coefficient?
Measure increasingly inequalities within countries with values between 0-100
100 mean high income equality
What is the Lorenzo curve?
How much inequality exists in a situation
What are winners and losers?
Worlds richest 1% own 50% of the worlds money by 2039 will be 2/3
Winners china
Losers sub Saharan Africa
What are the tensions over globalisation?
Migration
Culture/ideology
Resources/territory
Environment
Why are there tensions about migration?
Free movement supposed to benefit but caused tensions over social, ecomomic and cultural changes
BREXIT
Why are there tensions about the environment?
Damage the environment beyond repair
Priests against Shell in Nigeria
Why are there tensions about culture/ideology?
Censorship
Opposing beliefs blocked
China’s great firewall
Why are there tensions over resources/territory?
Supply of water with making of dams
Greater demand of resources
What is censorship?
Control of what is shown in a country
What is trade protectionism?
Gov policies and actions taken to restrict or limit international trade in order to protect domestic industries from foreign competition
What is limited immigration?
Control of who moves into the country wall between USA and Mexico
What is maintaining cultural identity?
Through combination of language, traditions, festivals, food and community organisations
What are local situations to globalisation?
Recycling
Local food sources
Biodiversity habitats
Community energy
Sustainable transport
Cleaning the environment
What is localism?
Decisions made locally encouraging sufficiency on a local scale to respond to global challenges
What are transition towns?
Community grass roots project aiming to increase self sufficiency and reduce fossil fuels such as affordable housing
