Global Systems

Question 1

Describe the interdependence caused by globalisation

Answer 1

Economic - e.g. Rely on oil
Political - e.g. UN, Counties rely on UN for help
Social - migrants in different locations working
Environmental- e.g. Chernobyl disaters effected those out of ukraine

Question 2

Describe the negatives of unequal flows of people

Answer 2

Generally the trend is from HIC to LIC
Those that leave are the most educated within the LIC = brain drain
Conflict occurs where migrants work for less and hence locals feel their jobs have been stolen
Often migrants are forced to work in poor conditions e.g. 1000s died making the stadiums for Qatar world cup

Question 3

Describe the positives of an unequal flow of people globally

Answer 3

Economic growth for host country

Remittances paid by migrants helps economy in the home country

Question 4

What are is the trend in the flow of capital globally? benefits and disadvantages of this

Answer 4

High income countries to low income countries through, Aid, trade, and remittances
Benefits - FDI means HIC’s get cheap labour and materials
LICs: receive the multiplier effect, improved standard of living and improved infrastructure

But
Foreign aid can lead to dependancy
Sometimes FDI can force out less wealthy individuals who cant afford increased house prices
LICs often face pressure from TNCs to relax laws, e.g. Environmental laws

Question 5

Describe Neo-Librilism

Answer 5

Privatisation of companies increase free trade and development
But this started in HICs and concentrates the wealth within a few, it leads to HIC TNCs pressurising low income countries

Question 6

Describe unequal flows of technology and how development is prevented as a result

Answer 6

LIC’s cant afford as much technology as HIC’s

Gives HICs a development advantage as they can invest in high tech industry

Question 7

Describe the imbalance of power due to unequal global flows

Answer 7

Once HICs have the development advantage they are able to exploit global systems to their own advantage
LICs can only respond to change whilst HICs can cause it

Question 8

Describe how the IMF and the World bank cause a global power imbalance

Answer 8

IMF = international monetary fund, gives advice and loans to LICs
World bank, LICs must pay a subscription fee to receive loans when needed
Both these organisations are based in the USA and ran by HICs this leads to an imbalance becuase:
They give conditional loans e.g. The LIC must reduce any tarrifs on HIC goods
And LICs have little control on how it is run