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global interdependence
the idea that the success of one place is dependent on the success of other nations/regions
What are the four main forms of interdependence?
economic
political
social
environmental
economic interdependence
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?
countries working together to tackle global issues, political unrest, and conflict
social interdependence
the increased global connections through diaspora and the consumption of media (films, TV, music, and the internet) from various countries around the world
What is diaspora in the context of social interdependence?
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?
by providing a workforce for countries that need it, often through migration
How are countries dependent on each other to protect the environment?
countries are dependent on each other to protect the environment by dealing with global threats, including climate change and loss of biodiversity
What are the four main types of unequal flow within global systems?
people
capital
technology
ideas
brain drain
the phenomenon where highly skilled professionals, such as doctors and nurses, leave their home countries (often LICs) to work in other countries
remittances
money transfers made by migrant workers to their home countries, which can boost growth and development in LDE and EME countries
What are some positive and negative impacts of unequal flows?
promote growth and stability
create inequalities
create conflict
Foreign Direct Investment (FDI)
a form of capital flow that can contribute to economic growth and development in recipient countries
How can technology flows positively impact LICs?
improved quality of life
better healthcare
cleaner energy
improved education opportunities
How do the IMF and the World Bank impact unequal power relations between countries?
the IMF and the World Bank reinforce unequal power relations
the Great Firewall of China
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?
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