Top-down strategies to reduce global inequalities
I can describe the advantages and disadvantages of top-down strategies used to reduce global inequalities.
Top-down strategies to reduce global inequalities
I can describe the advantages and disadvantages of top-down strategies used to reduce global inequalities.
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Lesson details
Key learning points
- Top-down and bottom-up strategies to reduce global inequalities differ in scale, aims, funding and technology.
- Strategies such as foreign direct investment contribute to globalisation, but some countries benefit more than others.
- Foreign direct investment by TNCs can lead to large-scale, economic change; but profits leak and jobs may be short-term.
- Loans from IGOs for large infrastructure projects can deliver technological solutions, but also risk debt problems.
Keywords
Transnational corporation - TNCs are firms that own or control productive operations in more than one country
Intergovernmental organisation - IGOs are established by a treaty or agreement between countries pursuing a common goal, e.g. World Bank
Globalisation - the increased interconnectedness of the world, economically, politically and culturally
Common misconception
The 'global shift' of manufacturing industries from developed to emerging and/or developing countries was a one-off movement of jobs.
TNCs continue to seek locations with the lowest wages, meaning the loss of manufacturing jobs from emerging countries is possible; so some of the benefits of FDI may only be short-term.
To help you plan your year 11 geography lesson on: Top-down strategies to reduce global inequalities, download all teaching resources for free and adapt to suit your pupils' needs...
To help you plan your year 11 geography lesson on: Top-down strategies to reduce global inequalities, download all teaching resources for free and adapt to suit your pupils' needs.
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