Rising tensions due to superpowers Flashcards
what are the effects of counterfeiting
it undermines the global system of interlectual property rights and patenting
it strains trade relations and TNC investment
what are the negative impacts of counterfeiting on the company
damages brand image
endangering consumers (1000 electrical deaths a year in the US from appliances)
loss of sales which means companies have to cut costs
some companies then unable to sustain investment in new technology
which countries are main culprits of counterfeiting
China, taiwan, singapore and russia
how many jobs are lost due to counterfeiting
2.5 million
how much has counterfeiting cost companies ayear
$85 million
why is counterfeiting on the increase
less economically developed countries cant compete with these high end brands
so counterfeiting boosts their economies at the expense of G8
why has global counterfeiting grown
because global manufacturing has shifting to countries where intertellectual property rights are poorly protected
what was put in place to prevent counterfeiting
global system of interllectual property rights (IP) has existed since 1967 under world intellectual property organisation which is part of the UN
ensures that it is illegal to counterfeit and they dont own rights to the company
siezing goods at customs
which brands opened law suits against counterfeiting goods
Gucci and Tiffany against prominant chinese banks
why is governance a cause of insecurity in the middle east
most countries are relatively new states and so democracy is weak or non-existant
how is a youthful population the cause of insecuirty in the middle east
many countries have youthful populations w/ high levels of unemployment and education
why is history a factor causing insecurity in the middle east
many of the borders between countries were hand drawn on a map during colonial power and are not updated according to religious groups or reflect the geography
who is involved in south china sea dispute
China and Japan and also USA, Philippines over 8 islands in East China Sea
why are there tensions in South China Sea
Over the surrounding seas rich in fishing and extensive oil and gas reserves
why is sovereignty questioned in the South China seas
> the islands were transferred to USA sovereignty in 1972
but 1600’s data justify claims to be owned by china
In 2010 a Japanese coastguard rammed a fishing trowler and arrested the boat and crew
Japanese activists staged protests on an island which prokoked people in Beijing