A01 Issues Associated With Interdependence Flashcards

(9 cards)

1
Q

What is some issues associated with Interdependence?

A

Unequal power relations
Economic vulnerability
Environmental degradation
Cultural homogenisation
Inequality
Inequality
Supply chain vulnerability
Loss of sovereignty
Spread of global risks

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2
Q

What is unequal power relations as an issues associated with Interdependence?

A

Interdependence is asymmetrical where:

HICs dominate decision making in institutions like UN, IMF, WB, creating dependency in global institutions where everything relies on them but can only process if HIC agree to a decision

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3
Q

What is economic vulnerability as an issues associated with Interdependence?

A

Global linkages mean crises spread rapidly (E.G. 2008 Financial Crisis) increasing a domino effect risk across the world.

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4
Q

What is environmental degradation as an issues associated with Interdependence?

A

Outsourcing production to LICs increases emissions and pollution 》 creating uneven environmental costs/damage.

LICs 》more damaged

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5
Q

What is cultural homogenisation as an issues associated with Interdependence?

A

Global media & TNCs spread dominant (Often western) cultures, reducing local diversity

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6
Q

What is inequality as an issues associated with Interdependence?

A

Benefits of interdependence are uneven (Often only benefitting HICs)
》 widening gpas within and between countries

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7
Q

What is supply chain vulnerability as an issues associated with Interdependence?

A

Interconnected productions systems are easily disrupted by shocks

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8
Q

What is loss of sovereignty as an issues associated with Interdependence?

A

Government have reduced control due to reliance on global markets, trade agreement and TNCs

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9
Q

How is spread of global risks an issues associated with Interdependence?

A

Faster movement of people and goods increases spread if diseases and security threats.

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