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16026862
Global institutions reinforcing unequal power relations
Description
GCSE Geography Mind Map on Global institutions reinforcing unequal power relations, created by Harry Partridge on 15/11/2018.
No tags specified
imf
wto
world bank
unequal influence of power
geography
gcse
Mind Map by
Harry Partridge
, updated more than 1 year ago
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Created by
Harry Partridge
about 6 years ago
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Resource summary
Global institutions reinforcing unequal power relations
MEDC influence
IMF & World Bank
Based
USA
Led
USA
Other MEDC's
LEDC's
less influence
decision making
IMF and WB Loans
type
conditional
LEDC's
national changes required
cutting regulation
foreign trade
Investment
easier
MEDC's/TNC's
Profit from conditions
LEDC's
prevents LEDC's building own industries
agriculture
dollar bananas
necessary to recieve loan
Trade barriers
WTO
aims
reduce trade barriers b/t countries
problem
HIC's
kept trade barriers b/t countries
reduce imports from LEDC's
boost HIC economies
disadvantage LEDC economies
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