Global Systems Flashcards
What is interdependence
When governments, companies, and countries are reliant and dependent upon one another
What can unequal flows of money and people create
Stability, but also inequality
In unequal flows of people, what are the pros for source countries?
Migrants may send money back to the home country - remittances
Reduces pressure on services in the country, population pressure
In unequal flows of people, what are the cons for source countries?
Population decrease, fewer people, smaller workforce
Looses tax, decrease in economy and skills Population ages as younger people move away Many people die on the way, boats on Mediterranean
In unequal flows of people, what are the pros for recipient countries?
Greater workforce; boosts economy
Cheap labour
Greater levels of tax, more people spending Culture, social links
Skilled workforce, doctors etc Fills low-skill, low-paid jobs
In unequal flows of people, what are the cons for recipient countries?
Increased population, demand for housing, jobs etc
Demand for infrastructure
Can lead to social tension, race riots, unrest Increases cost for border control
1.53 million detained on Mexico border, costly Human rights issues, Qatar
What is the world bank
Organisation of 188 countries who work to promote financial co-operation to reduce poverty, usually through promotion of trade and high employment
What is the UN
Known as the ‘Guardian of International Peace, Security and Human rights’. Promotes development of poorer nations through work with the IMF and World Bank
What is the WTO
Deals with the rules of trade between countries ensuring trade flows freely, in favour of free trade
What is the IMF
An important source of financial and technical assistance to developing countries, the main aim is to reduce poverty
What is outsourcing
The movement of labour to developing nations to use cheap labour costs and less strict working conditions
What can the impacts of outsourcing be
Loss of jobs and De-industrialisation in the outsourcing country
What is the De-multiplier effect
Once people have lost their jobs, they can’t spend, so services in an area are lost and the area falls into decline
What is the Gini index
Used to indicate internal inequality
What would a Gini index value of 1 indicate
That all a country’s income went to one person
