Globalisation and Development

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  • Created by: Hannah
  • Created on: 05-06-13 17:55
What are the 6 methods of development?
Three World Model, GNP per capita, Purchasing Power Parity, energy consumption, workforce engaged in agriculture and quality of life indicies
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Name the 4 countries of BRICs
Brazil, Russia, India and China
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When is China's economy expected to be the largest in the world?
2041
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What does the World Bank use as a basis for its classification?
GNI per capita
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Name the 4 types of global groupings
Economic groupings, political groupings, world trade and TNCs
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What % of world trade in 2002 came from the top 5 exporting countries?
37%
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What are the benefits of trade blocs?
Increased trade, ease of movement of workers and travellers, support for economy and declining urban areas, protection from cheap imports, wider transport and environment polices, currency and reduces risk of war
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What are the costs of trade blocs?
Increased loss of sovereignty, faster seperation, loss of finacial control, increased paperwork, pressure to adopt certain legislation, difficulty in meeting requirements and costs of directives and conflicts can develop
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What is a TNC?
A large business organisation which operates and has ownership of assets in more than one country
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Why do companies become TNCs?
New markets, extend existing markets, provide export platform, avoid trade barriers, diversify production, reduce production costs, exploit economies of sale to out compete smaller regional manufacturers
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What are the positives for host countries of TNCs?
Multiplier Effect, potential huge flows of capital, spread of technology and increased employment oppurtunities
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What are the negatives for host countries of TNCs?
Local companies = less competitive, loss of autonomy and suppression of technical development, profits go back to home country, financial costs and inappropriate goods
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What % of trade takes place between developed countries?
75%
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What % of world trade does trade from sub-Saharan Africa make up?
1.3%
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Why does trade not aid development?
Tariffs, poor human infrastructure, underinvestment in physical infrastructure and transport costs for land-locked countries
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What are the 8 types of aid?
Food/ disaster aid, bilateral aid, multilateral aid, program aid, tied aid, united aid, debt relief and private contributions/ philanthropy
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What is united aid?
Leaves recipient with choice
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What is bilateral aid?
Finances projects nomrally of interest to donors
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What is multilateral aid?
Aid from many sources and managed by global agencies
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In the 2008 Gleneagles G8 Conference set as the amount of aid countries should give?
0.7% of their GNI per capita
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What did global aid decrease by in 2006 and 2007 due to the global recession?
15%
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What are the 8 millenium goals?
Eradicate extreme poverty and hunger, universal primary education, gender equality, reduce child mortality, improve maternal health, combat HIV/AIDS, sustainability and global partnership for development
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Where were the millenium goals decided upon?
UN Summit in New York in 2000
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What has poverty decreased from and to between 1990 and now?
From 42% below poverty line to 25%
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How many children remain out of primary education?
75 million
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When is the goal to reduce child mortality by 2/3 expected to be met?
2045-50
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How many new infections of HIV/AIDS were reported in 2006?
4.3 million
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How much in unpayable debt has been written off?
$110bn
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How many countries recieve debt relief?
34
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When are the millenium goals meant to be met by?
2015
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What is sustainable tourism?
The drive to make every tourism business and traveller ecologically and culturally sensitive by building awarenesss
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What is nature-based tourism?
Any sustainable tourism activity or experience that relates to natural environment whether for relaxation, discovery or adventure
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What is ecotourism?
A niche-based segment where key motivation is learning, appreciation and conservation
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What are the 3 pillars of sustainability?
Environmental, economic and social
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What does EPI stand for?
Environmental Performance Index
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What does the EPI do?
Ranks 163 countries on 25 indicators
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Other cards in this set

Card 2

Front

Name the 4 countries of BRICs

Back

Brazil, Russia, India and China

Card 3

Front

When is China's economy expected to be the largest in the world?

Back

Preview of the front of card 3

Card 4

Front

What does the World Bank use as a basis for its classification?

Back

Preview of the front of card 4

Card 5

Front

Name the 4 types of global groupings

Back

Preview of the front of card 5
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