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Frank’s dependency
-World split into core (developed) and periphery (developing) countries.
-Globalisation benefits core (Africa export raw materials, import manufactured goods)
-Explains inequality, power relationships in trade, critiques globalisation but too simple (doesn’t include emerging)
Environmental Kuznets Curve
As counties develop, environmental damage increases then decreases forming U shape
Industrialisation, limited regulations, focus on economic growth
Wealth allows investment in cleaner technologies, stronger laws, service based economies (UK has less emissions/clean air. Countries move from coal to renewables
Explains why rich countries cleaner, links economic growth+environment
Not all follow curve (China), ignores outsourcing, issues like GW don’t fix easy, assumes growth automatically stops degradation
Papa New Guinea Indigenous lifestyles
80% forested+inaccessible with 100s ethnic indigenous groups (music, art, dance)
95% exports raw materials (oil, gas, palm oil, timber)
Illegal deforestation huge problem, licenses for “farming” used for logging timber, road construction encourages deforestation (PFL)
Corruption/TNCs cause deliberate destruction
Open Door 1978
Aimed to attract FDI, encourage exports
SEZs cheap labour, economic benefits, relaxed regulations for TNCs
10% GDP growth 3 decades
“Worlds factory” cheap manufacturing
300m+ out of poverty but exploitation, inequality, pollution
Pepys Estate
Post war housing estate SE London along Thames
1200 affordable flats
Regeneration/gentrification into Deptford
Successful transformation but conflict (displacement/inequality)
Lewisham remains top 20% most deprived boroughs
Bromley
300 000 population now considered a commuter town
Growth from railway expansion post Industrial Revolution
Regeneration improved economy/QoL but gentrification/social inequality
75% white, sparsely populated (2000/km2) but above national avg
EasyJet
Founded 1995 with 30 000 passengers
Now 300 flight routes with 65m passengers 2014
Increased European connectivity, trade, migration
Economic growth, tourism but pollution
Made popular by selling tickets online (convenient/accessible)
Belt and Road Initiative 2013
Transport/trade routes, energy infrastructure expands influence, resources secured
Jobs, infrastructure, trade for participants
150 countries, $8tr invested, 66% world population, 40% GDP
Silk Road economic belt: railways/roads, Maritime Silk Road: ports
China-Pakistan economic corridor $60bn, economy increase Pakistan
Debt dependency: Sri Lanka leased port for 100 years
Expands influence, challenges western dominance but reliant on fossil fuels, construction damaging
Detached places
N/S Korea divided. N autocratic ruled single family deliberately politically isolated but S developed with global brands
Ordinary citizens no access to internet or social media, no undersea data cables
Niger+Chad landlocked, trade harder/more expensive/less FDI. Mismanaged natural/human resources, literacy rates 40%
Todmorden
Transition town
Consumers/growers encouraged to work together to be sustainable
Campaign created 40 fruit/veg gardens
Explains how towns adopt bottom up strategies for sustainability and independence
Containerisation 60s
Reduced shipping costs 90%
Growth of supply chains (China major manufacturing hub)
Ports like shenzhen benefitted from this
Increased globalisation, consumer choice, interdependence but risk (port closures/delays impact supply chains)
Totnes pound
Launched 2007 in Devon
Aims to support local businesses and reduce economic leakage
Local multiplier effect
WB 1944
Reduces global poverty by providing loans/grants/advice to improve living standards (infrastructure projects)
Distributed $65bn in loans/grants but impose strict conditions and all its presidents have been American
IMF 1944
Transfer loans from HICs so those applying must agree to run free market economies so TNCs can locate there easily
Strict conditions on government borrowing leading to less spending on healthcare/education
WTO 1995
Promotes trade liberalisation, regulates trade rules for 98% of trade. Lowers tariffs/barriers
Failed to stop UK/US subsidising food producers impacting poor farmers