What is global interdependence?
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What is global interdependence?
Global interdependence is the idea that the success of one place is dependent on the success of other nations/regions.
True or False?
Problems in one place can rapidly lead to problems in other nations/regions.
True.
Problems in one place can rapidly lead to problems in other nations/regions.
What are the four main forms of interdependence?
The four main forms of interdependence are:
Economic.
Political.
Social.
Environmental.
Define economic interdependence.
Economic interdependence is when countries rely on each other to buy and sell the goods that they need and produce, and depend on flows of labour to provide a workforce.
What does political interdependence involve?
Political interdependence involves countries working together to tackle global issues, political unrest, and conflict.
Define social interdependence.
Social interdependence refers to the increased global connections through diaspora and the consumption of media (films, TV, music, and internet) from various countries around the world.
What is meant by diaspora in the context of social interdependence?
Diaspora refers to people from a particular country or ethnic group who are scattered around the world, increasing social connections between different nations.
How does labour flow contribute to economic interdependence?
Labour flow contributes to economic interdependence by providing a workforce for countries that need it, often through migration.
True or False.
Countries are not dependent on each other to protect the environment.
False.
Countries are dependent on each other to protect the environment and deal with global threats, including:
Climate change.
Loss of biodiversity.
What are the four main types of unequal flow within global systems?
The four main types of unequal flows discussed are flows of people, capital, technology, and ideas.
Define brain drain.
Brain drain is the phenomenon where highly skilled professionals, such as doctors and nurses, leave their home countries (often LDE countries but not always) to work in other countries.
What are remittances?
Remittances are money transfers made by migrant workers to their home countries, which can boost growth and development in LDE and EME countries.
True or False?
Unequal flows always have negative impacts.
False.
Unequal flows can promote growth and stability but can also create inequalities and conflict.
What is FDI?
FDI stands for Foreign Direct Investment, which is a form of capital flow that can contribute to economic growth and development in recipient countries.
How can technology flows positively impact LDE countries?
Technology flows can positively impact LDE countries by improving quality of life through better healthcare, cleaner energy, and improved education opportunities.
What is neo-liberalism in the context of unequal flows of ideas?
Neo-liberalism is an economic and political ideology promoted by HDE countries that emphasises free-market capitalism and reduced government intervention.
True or False?
The IMF and World Bank help to reduce unequal power relations between countries.
False.
The IMF and World Bank are examples of global financial institutions which can reinforce unequal power relations.
What is the Great Firewall of China?
The Great Firewall is China's system for regulating the internet and blocking access to certain foreign websites.
How does China's expansion in the South China Sea demonstrate unequal power relations?
China's expansion in the South China Sea, including building and arming islands and claiming 90% of the area, demonstrates its ability to exert power over smaller nations in the region who rely on other countries like the USA for support.