Unit 4 Flashcards
KOF Globalisation Index
Economic, social and political dimensions of globalisation.
Superpowers
influence policy on a worldwide scale, and often in different regions at the same time.
USA
- Superpower due to involvement in different countries
- Started the UN, IMF, world bank and NATO
China
Becoming the largest superpower
Powerful organisations
G7, G20, OECD, OPEC, World Bank, IMF
Network Flows
Aid, Loans, Debt relief
International aid
International transfer of capital, goods or services from a country or international organisation for the benefit of the recipient country or its population
Bilateral aid
Assistance given by a government directly to the government of another country
Multilateral aid
Provided by governments to international organisations such as the UN, WB and IMF