Global challenges Flashcards
1
Q
What is the global economics challenge
A
Will global economy ever fully recover from GFC
2
Q
2016 GEC challenges
A
Several SSA countries asked IMF for help e.g. Zambia, 5th consecutive year trade didn’t grow
3
Q
2007-18 effect on Chinese economy in GEC
A
Halved growth
4
Q
What is the demographic challenge
A
Changes mean unsure of trend
5
Q
Nigeria’s demographic challenge
A
2050: 1/5 Nigerian, not following DTM as births not falling
6
Q
Global ageing population demographic challenge
A
Japan
7
Q
Climate challenge
A
Geopolitical conflict
8
Q
Technology challenge
A
Deindustrialisation and less jobs as AI, SEWBOTS, Foxconn replacing 1/3 workforce with robots after 2018 wage rise
