Global Systems and Russia Flashcards
What is interdependence?
When governments, companies, and countries are reliant and dependant 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 their home countries - 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
- loses 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 of recipient countries?
- greater workforce, boosts economy
- cheap labour
- greater levels of tax, more people spending
- 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
- increase cost for border control
- 1.53m detained on Mexico border (costly)
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 United Nations(UN)?
The UN promotes economic, social and environmental growth through the creation of international treaties and goals.
What is the World Trade Organisation(WTO)?
Deals with the rules of trade between countries ensuring trade flows freely , in favour of free trade