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
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
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
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