Global Systems Flashcards
What are the 4 main types of interdependence
- Economic
- Social
- Political
- Environmental
What does global interdependence mean?
Each country dependent on others to an extent that events that occur in one country affect others
Give 3 ways countries are economically interdependent
- Trade makes countries become reliant on other countries for certain things e.g. the US has become reliant on Taiwan to produce semi-conductors
- International economic migrants make up more than 20% of the total population of 48 countries e.g. UAE where migrants from the Philippines alone make up around 20% of its total workforce
- Globalised supply chains
Give 4 effects of economic interdependency
- International competition/cooperation and force/allow companies to increase the quality of their products and services leading to technological advancement
- Jobs are created in some places and lost in others e.g. manufacturing is moving from HDE’s to LDE’s
- Investment from TNC’s operating in foreign countries who may invest in local infrastructure e.g. Shell investing in roads in Nigeria
- Industrialisation in developing economies
How are countries politically interdependent
Countries are dependent on international organisations to coordinate to manage globalised systems e.g. the WTO who oversees global trade, the IMF and World Bank who facilitate international capital flows through the GFS, and the UN
Give 2 effects of political interdependency
- Globalisation leads to greater cooperation amongst governments leading to security e.g. NATO
- Interdependence should lead to less wars as economies and cultures are so integrated
Give 3 ways that country’s are socially interdependent
- Health - globalisation has helped to create greater cooperation when dealing with health issues like pandemics; the WHO helped give global advice and assisted with the distribution of vaccines throughout COVID
- Education - there are increasing levels of students migrating to other countries to study
- Culture - migrating populations have incorporated parts of their culture in their new countries
How are countries environmentally interdependent
Every country is dependent on the rest of the world to look after the environment due to the global impacts that certain events may have e.g. Climate Change, or large nuclear disasters such as Chernobyl
Why are flows of money unequal?
Money generally flows from HDE’s to LDE’s as less developed countries rarely have the capital required to invest in other countries
How do unequal flows of money bring benefits
- Aid and loans help LDE’s improve living standards or rebuild infrastructure after a disaster
- FDI from TNC’s provide a symbiotic relationship between HDE’s and LDE’s where TNC’s based in HDE’s can benefit off of low labour costs, and cheap raw materials whilst LDE’s receive foreign capital and expertise
- Income received from remittance payments and FDI can help raise living standards
How do unequal flows of money cause inequalities
- Foreign aid can create dependency, which gives governments little incentive to improve their own countries
- FDI’s can force out local businesses, because foreign companies with superior capital and technology can make products more efficiently
How do unequal flows of money cause conflict
- Foreign aid can find its way to armed groups to fund conflict
- FDI can cause conflict between foreign companies and local people
How do unequal flows of money cause injustice
Companies may pressure governments of less developed countries to pass laws that make it cheaper to invest there e.g. by cutting environmental regulation or weakening laws on working conditions
Why are flows of people unequal?
Migrants generally flow from HDE’s to LDE’s as:
- Economic migrants seeking better employment opportunities
- Refugees escaping war, famine or persecution
Give 3 benefits that unequal flows of people provide
- HDE’s can benefit off of highly skilled workforces, that are reasonably wealthy, and can afford visa’s, transport and living expenses
- These immigrants create economic growth and are willing to perform jobs that a country’s citizens don’t want to
- In the process, immigrants then earn money which they are able to send home as remittance payments which can significantly increase capital in HDE’s