Global systems Flashcards

1
Q

benefits of unequal flows of people

A
  • people are provided with jobs, safe shelter and an income
  • migrants can send money back home in remittances which encourages economic growth
  • destination country receives money in visa and living expenses - increase in economic growth when migrants do the jobs citizens cant or wont do
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2
Q

inequalities of unequal flows of people

A
  • less developed countries suffer from brain drain which can reinforce existing inequalities
  • low skilled migrant workers will typically work for less so companies depress wages which affects local workers
  • migrant workers are taken advantage of and work in dangerous conditions
    e. g. thousands of migrant workers died building facilities for the 2022 FIFA world cup
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3
Q

benefits of unequal flows of money

A

-remittance, foreign aid and foreign direct investment can all aid the development of less developed countries

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4
Q

inequalities of unequal flows of money

A
  • foreign aid can create a dependency giving governments little incentive to improve their own countries
  • foreign direct investment can force out local businesses
  • foreign aid can fund conflicts.
  • FDI can cause conflicts between locals and foreign companies
  • companies can pressure governments to create laws in their favor in exchange for investing in the country
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