Question | Answer |
IMF | International Monetary Fund 1945 after WW2 Aim- reconstruct international payments and stabilise global economies Began - 29 countries (paid into fund, could also borrow temporarily) 2012 - 188 countries are members |
Birth Rate | The number of births per 1,000 people per year in a region |
Death Rate | The number of deaths per 1,000 people per year in a region (a measure of mortality) |
Economic Migrants | A migrant whose primary motivation is to seek employment Migrants who already have jobs may set off in search of better pay, more regular pay, promotion or a change of career |
Internal Migration | The movement of people between different regions within the same nation. E.g. Rural to urban migration. |
Intervening Obstacles | Barrier to a migrant such as political border of physical features E.g. The Mediterranean for North Africans heading to Europe Can include family pressure and travel costs |
Intervening Opportunity | An alternative migration destination that exists between the migrant's place of origin and intended destination |
Natural Increase | If the birth rate outweighs the death rate Causes a rise in population |
Natural Decrease | When the death rate is higher than the birth rate, causing a decrease in population |
Globalisation | The growing economic interdependence of countries worldwide through increasing volume and variety of cross-border transactions in goods and services, freer international capital flows and more rapid widespread diffusion of technology |
Lengthening of Connections | Products are being sourced from further away because of - Transport |
Deepening of Connections | Between people and places/areas in our lives due to - Internet - Skype - Shared sport |
Economic Globalisation | The growing transnational corporations (TNCs) with a global presence and brand images. Includes the global spread of FDI and growth in world trade TNCs also invest in other countries |
Cultural Globalisation | This includes experiencing foods from different countries McDonalds which is present in 120 different countries has 30,000 outlets One other type is the occurrence of news in different countries, channels such as CNN show news from different countries |
Political Globalisation | This is the dominance of western democracies in decision-making and the view that democratic, consumerist societies are the 'model' to which others should follow/aspire China doesn't follow this, nor does North Korea |
Environmental Globalisation | This type is the global environmental threats that require global solutions E.g. Climate change, terrorism, recession, Iceland ash cloud, over-fishing and pollution |
Demographic Globalisation | Increased migration both internal and international across a number of different countries This also includes the mixing of different populations of different nationalities and ages |
Brain Drain | When young, well-educated people leave a country, often to find better job opportunities |
European Union (EU) Open Door Policy | Free travel within Europe Citizens of EU and their families have the right to work and live anywhere in the EU Introduced in 1985 after Schengen Agreement |
Accelerated Globalisation: Free Trade | Removing trade tariffs and quotas has promoted easier and faster trade |
Accelerated Globalisation: International Organisations | The world trade organisation has promoted free trade and trade blocs have encouraged free trade within and between groups of countries |
Accelerated Globalisation: TNCs | TNCs have shifted production to the developing world and created global connections and trade links |
Accelerated Globalisation: Communications Technology | Satellite and fibre optic communications have lead to growth of mobile phone and internet communications and falling communications cost |
Accelerated Globalisation: Transport Technology | Containerisation since the 1960s has lead to increasingly cheap, automated and efficient method of transport Ships can carry 9,000+ containers for high-value, low-volume goods and people Cheap air travel has revolutionised transport |
Economic Indicators | Measurement of a countries wealth Measured in US dollars |
Economic Indicators: GNP | Gross Domestic Product Is the value of all goods and services earned by a country, including companies working abroad |
Economic Indicators: GDP | Gross Domestic Produce Is the value of all goods and services earned by a country excluding foreign earnings (Their countries working abroad) |
Economic Indicators: Per Capita | Statistics provide an average 'per person' figure E.g. GDP per capita means average income per person |
Economic Indicators: PPP | Purchasing Power Parity Relates average earnings to prices and what it will buy, because a dollar buys more in some countries than others |
Human Development Indicators (HDI) | To balance the emphasis on economic data, the UN users indicates about human-well-being as a way of measuring progress |
HDI - PQLI | Physical Quality of Life Index Includes life expectancy, literacy rates and infant mortality rates The higher the score, the better the quality of life Money spent on healthcare and education implies a higher level of development |
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