Superpowers EQ2 Flashcards
What are the roles of IGOs?
- provide a forum for discussion
- create a mechanism for he worlds inhabitants
- to deal with economic and social questions
- help allow states to take a longer term perspective
What are the WEF?
a Swiss not for profit organisation which works across national boarders with the aim to improve the state of the world by bringing together business political academic leaders of society
Name a good and bad thing about the WEF
+ helps to deal with global issues
+ provides a discourse
+ not strictly political leaders
- conflicts between players and stakeholders
- governments tend to have the overall say
What is the IMF
Give loans to developing countries with the aim to promote global economic stability
What’s a good and bad thing about the IMF?
+ helps to clear debt
- conditions/ regulations from the loans
- member states - countries pay in for a vote
Who are the World Bank?
A bank which lends money on a global scale and give grants to developing countries. They have a proportional voting system based on the amount of money each country has invested
What is a good and a bad thing about the world bank?
+ help developing countries
- dominated by the USA who have 16% of all votes
What is the WTO?
They ask country to remove tariffs and taxes on foreign imports and subsidies to domestic products so that trade is free and without barriers. They supervise and liberalise international trade
What is a good and bad thing about the WTO?
+ promotes free trade through the gradual reduction in tariffs
+ trade without discrimination
- not a completely free trade bloc
- trade rules are unfavourable to developing economies
How many people do Walmart employ ( case study TNCs) impact on world)
2.3 million people worldwide
What is the case study for TNCs in superpowers
Disney
How is Disney involved in many global activities?
- 14 theme parks and resorts
- over 250 TV companies
- 12 publishing companies
- hundreds of shops worldwide
What have Disney done to target different parts of the world?
- lion king aimed at African markets
- Aladdin aimed at asian markets
- Mulan marked Disney’s decision to enter the Chinese market
- media influences all across the world
How is there spreading of Americanisation?
Through art, food and media mostly originating from there
How is westernisation affecting places around the world?
- social media’s increase in use is making people more connected as people across the world can communicate, exchange messages share knowledge
- programs such as friends and Simpson’s are available in almost every country in the world on every airline and every streaming channel