Superpowers Flashcards
Superpower
a nation or country with the ability to project its influence around the world and to stay a dominant global force
Hard Power
power through force or coercion, usually involving military or economic factors
Soft Power
exerting influence through favour or persuasion, usually involving cultural power- using attractive policies
Direct Control
the political and military control of another country
Communism
the belief that everyone in a population should be equal: financially, their owned property and politically
Capitalism
the belief that individuals will gain wealth and status through the hours they work, business ventures and their skills
Neo-colonialism
a situation where rich former colonial powers control the world economy in such a way that they benefit and the poor former colonies lose out
Rostow’s Modernisation Theory (1960)
Stage 1: Traditional Society- farming, fishing etc. and lacking in technology
Stage 2: Pre-conditions for Take-off- profits from farming etc., improved infrastructure
Stage 3: Take-off- Industrial Revolution, rapid growth of manufacturing industries and culture change
Stage 4: The Drive to Maturity- spread of economic growth nationally, new tech replaces old industries
Stage 5: High Mass Consumption- more disposable income, services and goods more frequently bought, better trade and networking
Frank’s Dependency Theory (1971)
-neo-colonialist
-‘the development of underdevelopment’
-capitalist core keeps underdeveloped periphery in state of underdevelopment by exploiting their cheap resources and taking their skilled workers, interdependent relationship keeps core on top
Wallerstein’s World Systems Theory (1974)
more dynamic than Frank’s; allows for change
-semi-periphery countries are where class struggle and social change happen
-cycles of growth and stagnation
International Monetary Fund
promotes global economic stability, focuses on exchange rate stability and has an overall aim to reduce poverty
Benefits- provides governments sufficient funds to pursue development
Criticisms- voting rights are proportional to amount invested; richer countries have more of a say
-reflects Western ideas e.g. Marshall Plan
-lack of representation for developing countries
World Trade Organisation
remove trade barriers
World Bank
World Economic Forum / Davos Group
United Nations Security Council
primary global mechanism for keeping international peace