T1. Global Systems

Question 1

What is a Gini Coefficient?

Answer 1

a measurement of how unequal a society is

Question 2

Inequalities + injustices: Qatar world cup 2022

Answer 2

• 90% of Qatar’s population were migrant workers
• Migrants borrowed money to travel to Qatar but made to pay it back with a 35% interest rate.
• Salaries + passports withheld so nobody could leave
• Nepalese ambassador in Qatar said it was an ‘open prison’ and called it modern day slavery.

Question 3

How much money in remittances is sent back to Somalia from their Diaspora’s annually

Answer 3

$1.2 Billion

Question 4

Inequalities and injustices: Coca Cola in India

Answer 4

• Employees 90,000 people globally and 7000 in India
• Its setup in India has a knock-on effect as every 1 person coke employ it gives another 10 people jobs.
• Varnasi 2014 – bottleing plant was ordered to close due to over extraction of ground water, caused water shortages across the region.
• The local council fined Coke 20,000 but that is pocket money for a TNC like themselves.
• As Coke are footloose meaning they can set up anywhere the local government didn’t want to punish them to harshly due to the economic benefits of them in the local area.

Question 5

Inequalities and injustices: Rise and Rise of China

Answer 5

• Its economy is 50 times bigger than in the 1950s.
• Named the ‘worlds factory’ due to the amount they produce, they make 58% of global shoes.
• In 2009 China became Africa’s largest trading partner, mostly one way trade with China in the driving seat, 77% of Djibouti’s debt is to China.
• Investing heavily globally
• Belt and road initiative is the idea that China invests heavily as a form of FDI knowing full well countries won’t be able to repay so instead China take land or object they have invested in e.g. deep water sea port in Sri Lanka, roads in Pakistan, airport in Mali, railway in Serbia.