Human Key Terms Flashcards
Asylum Seekers
People fleeing their country of residence for international protection by another government.
Colonialism
Gaining control of another country’s politics and governance, for the benefit of the ruling state.
Diaspora ‘To scatter about’
People displaced from their homeland, voluntarily or forced.
Economic Theory
Governments will maximise ‘economic efficiency’ - a productive workforce and a developed financial market - if they allow the free movement of goods, capital and labour.
Embargoes
The limit or ban of trade between nations or participation within an IGO, often as a consequence of corruption or bad governance.
Failed State
A country of weak economic or political systems, leading to declining quality of life or conflict.
International Bank for Reconstruction & Development (IBRD) and World Bank Group (WBG)
Both offer loans and temporary financial assistance to developing countries.
International Monetary Fund (IMF)
A fund of 189 member countries with the aim to aid each other to achieve financial stability and provide loans for development.
Nationalism
Populations have a sense of loyalty to their country of origin or residence, by identifying with national values and celebrating traditions or beliefs.
State
Territory that no other country has power or sovereignty of. As of 2016, the UN recognised 196 states.
Tax Haven
A location notorious for low taxes or profitable bank saving schemes, leading to an increase in offshore bank accounts here.
Bipolar World
Two superpowers exist, each with opposing ideologies.
Economic Alliances
Trade blocs that promote trade between members, offer each other financial assistance and loans and allow the migration of workers between states.
Emerging States
Countries that have quickly gained influence, developed and have notable culture. Emerging States may become superpowers in the future.
Frank’s Dependency Model
Describes neo-colonialism and how a country can gain control over a neo-colony through exploitation and economic dependency.
Foreign Direct Investment (FDI)
The investment of money, infrastructure or assets by a foreign government or business.
Human Resources
The available workforce and skills of the population, which can contribute to a country’s status.
Intellectual Property
The ownership of ideas and designs, such as patents and copyrights.
Mackinder’s Heartland Theory
Whoever controls the heartland (Russia, Eastern Europe and parts of South Asia) controls the majority of physical and human resources, and so will be a leading superpower.
Military Alliance
A group of states that share weapons & intelligence, offer military assistance and discuss international affairs such as terror attacks, national security, etc.
Multi-Polar World
There are several superpowers, each with a characteristic strength, competing for global influence and status.
Rostow’s Modernisation Theory
The development of a country takes five stages of growth:
Traditional Society, Pre-Conditions for Take Off, Take Off, Drive to Maturity, Mass Consumption.
Soft Power
Exerting a country’s influence over another through cultural diffusion, political reform
and FDI.
Spheres of Contest
Areas of competition for superpowers and emerging states, e.g. land ownership, intellectual property, state borders.
Wallerstein’s World Systems Theory
Describes the movement of raw materials and manufactured goods between the core and periphery
China’s Open Door Policy 1978
China allows foreign industry and TNCs in to promote a
modern and thriving China.
Cultural Diffusion
The spread of cultural beliefs and social activities into different cultures.
Cumulative Causation
Like a multiplier effect, “Success breeds Success”. As the core regions increase in prosperity the periphery regions will too due to their links with the core.