Globalisation And Migration Flashcards
Globalisation and explanation of it
-Primarily economic process by which the countries of the world are being gradually drawn into a single global economy
-other countries increasingly dependent and interconnected
-economic decisions in one country affect other ones
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More economic opportunities
Easier to get to other countries
More cultures in the country, easier to integrate
Better communication, knowing about countries
Business migrants
Factors that has allowed globalisation
-TNCS - operate in a number of countries and involved in many economic activity, they link countries together
-trade blocs - a group of countries drawn together by trade agreements promoting free trade
-modern transport networks - connect countries together as transport is quicker and cheaper for goods and people. Countries are more interconnected
-advances in ICT - we of computers allow faster management, processing and communications, data and decisions can get anywhere in the world fast
Trade bloc
A group of countries drawn together by trade agreements promoting free trade between them like the EU
What has globalisation allowed in terms of movement of things
-trade - import or export of goods
-Foreign investment - TNCs help economic growth by opening branches in other countries. They can also buy companies that already have brand recognition instead of starting new ones
-Aid - grows economy and allows them to participate in global trade
-information
-labour
Capitalism
-economic system where the government plays a secondary role
-people and companies make most of the decisions and own most of the property
-production is privately own and operated for profit
Emergency aid
Aid given after sudden disasters
Conditional/tied aid
-one country donates money or resources to another but conditions are attached (typically in favour of the donor)
Charitable aid
-funded by donations from the public through organisations such as Oxfam
Long term/development aid
Providing local communities with education and skills for sustainable development usually through organisations (e.g. practical action)
Multilateral aid
Given through international organisation such as the world bank rather than one specific country
Labour
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Why do TNCs establish large supply chains
-enter large markets
-cheaper labour to reduce costs
WTO and what it does
Word Trade Organisation
-open markets to free trade and make sure certain rules are respected
-establish rules that govern international trade
-benefits HICs more than LICs as they export more goods than LICs and profit more from international trade
IMF and what it does
International Monetary Fund
-HICs give money to IMF
-IMF gives countries to struggling counties
-beneficial as LICs are in debt that collapse can longer pay back their debt
World Bank
-countries give money to the world bank
-reduces poverty by lending money to the government of its poorer members to improve their economies and standard of living of their people
NGOs
Non governmental organisations
-non profit group that functions independent of any government
-help people who are suffering from poverty, lack of food/water, clothes etc
Benefits of globalisation
-world become richer
-inward investment by TNCS provide jobs and skills for local people
-in wealth and foreign currencies from TNCs can be spent on education etc, foreign currencies that are strong are beneficial
-increases awareness of events in rural parts of the world to share can receive aid
-makes people aware of global issues like deforestation and global warming for sustainable ebelopment
Negatives of globalisation
-operates in the interest of HICs, not LICs as HICs get cheap labour and raw material from LICs and benefit and get more profit from the exports
-profits in LICs are often sent back to HICs where TNCs are based so there is less inward investment to the local community
-TNCs drive local businesses due to their economics of scale, if they move to another country, local people can be made redundant too
-TNCs pollute the environment, run risks with safety or enforce poor working conditions as there are no enforced international working hours or conditions
-threats to world cultural diversity and might drown out local traditions, languages and economies and recast the world in the mould of capitalist HICs
Birth rate
Number of live births in a population per year per 1000
Death rate
Number of deaths in a population per year per 1000
Natural change
The balance between brith rate and death rate in a population
Net migration
Balance between the number of people entering and the number of people leaving a country or region
Voluntary migration
Migration that occurs when people choose either to move inside their own country or emigrate to another country