Global Systems Flashcards
What is a way to estimate inequality?
Gini Index
What is the UK’s gini index?
0.35
What is a disadvantage of the Gini Index?
Doesn’t give specifics
What is 3 ways to keep the Gini Index down?
Taxes
Everyone having access to healthcare and education
What increases interdependance?
Globalisation
How are remittances unequal?
Vary highly depending on location, education and pay.
What are 3 of the top recipient countries of remittances?
India
China
Mexico
How are loans unequal?
The World Bank can help development especially if invested wisely but international organisations tend to insist that they are spent on economic projects.
How can FDI be unequal?
Rich to poor countries. However, issues with working conditions
How can economic leakage’s be unequal?
They don’t get the benefits from their production
How can foreign aid be unequal?
Can create a culture of dependancy
What are 3 positive effects of greater labour movement?
More production
Reduced unemployment
Bigger workforce
What are 2 negative effects of greater labour movement?
Brain Drain
Loss of skilled workers
How can flows of technology be unequal?
Some countries have better access of technology than others
How can flows of information be unequal?
Privatisation, deregulation and free trade are ideas generally associated with HEDCs and capitalism.
