Superpowers EQ3 Flashcards
Why are some resources contested?(3)
- land border in dispute
- land mass in dispute
- extent of offshore exclusive economic zone in dispute
Consequences of trading for resources? (3)
- high prices
- unfriendly/unstable partners
- conflict can block supplies
What does the system of intellectual property do?
-prevent new inventions from being copied.
What would happen with out IP?(2)
- TNCs reluctant to invest in research and development as would gain little profit
- reluctant to trade
Why is IP criticised? (3)
- requires royality fees in which developing may not be able to afford
- patent holders can control price
- can prevent new medicines
What are the 4 future outcomes for global power? (Explain each)
US HEGEMONY (uni-polar)
-USA dominate
-China faces decline like japan in 1900 no growth
REGIONAL MOSAIC (multi-polar)
-USA and EU decline relative to BRICS
-equal power only regional influence not global
NEW COLD WAR/G2 (bi-polar)
-China rises and levels with USA
-countries pick ideology
ASIAN CENTURY (uni-polar)
-Power shifts to Asia, led by China, as us and eu decline.
What are the possible implications for future structures? (4)
Stability:
-regional mosaic unstable as no global police
-new Cold War tense instability
Resources:
-Asian century = demand for food increased as Asian middle class increases
Military:
-new Cold War = arms race
Economics:
-Asian century economic shift as economy depends on NICs