Synoptics-Superpowers

Question 1

Superpower

Answer 1

Nation w the ability to project its influence anywhere in the world and be a dominant global force

Question 2

IGO

Answer 2

entity created by treaty involving 2+ nations to work gd faith on issues common interest

Question 3

World bank

Answer 3

• used deposits wealthiest countries provide loans for development countries that agree certain conditions repayment+ econ growth (Fr after ww2)
• 2016 US controlled 16.5% voted + all pres=US
• promote capitalism loans for development projects increasing neoliberalism
• focus natural disasters+ humanitarian emergencies but gained rep 70s+80s projects environ damage/ so costly can’t repay loans + 40% voted 8 largest contributors

Question 4

Neoliberalism

Answer 4

Pol philosophy free markets, free trade, privatisation+ increase role business Soc (reduce influence govt) by making trade easier more of it so wealth+ reduce poverty

Question 5

WEF (World Econ Forum)

Answer 5

• 1971
• Swiss non-profit org
• acts as a forum for discussion between businesses, politicians +IGOs
• pro free trade+TNCs

Question 6

TNCs help global trade

Answer 6

• econ dominant 2015 top 200 25% global output
• vital globalisation use outsourcing, econ sale, access new markets+ take advantage spatial differences FDI, land priced+ restrictions
• 2013 UN est TNC account 80% global trade
• global shift manufacturing Asia shift econ power emerging econ
• where operates create superpowers (influence trade patterns)
• disproportionately influenced superpowers 25% top 2000 US co

Question 7

TNCs role culture- tech (patents)

Answer 7

• creation new tech help maintain military superiority’s for soft power+ spread globalisation thru ideology+ soft power taking over co
• patent (protection intellectual property inventor right ownership his idea protect global competition) exerts there influence thru royalties earning them more more