International strategies (Edexcel GCSE Geography A): Flashcards

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International strategies
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Purpose of international strategies

Tackle uneven global development

International aid definition

Voluntary transfer of resources from one nation to another

Multilateral aid definition

Aid through international organisations

Bilateral aid definition

Direct assistance between two governments

Short-term emergency aid purpose

Immediate relief during crises (disasters, conflicts)

Long-term development aid purpose

Sustained improvements in economic, social & institutional capacity

Economic infrastructure support via aid

Enables purchase of essential imports (machinery, oil)

Capital accumulation via aid

Builds capital reserves to invest in industry & infrastructure

Trade agreements purpose

Reduce barriers, helping developing countries access global markets

Fair trade definition

Producers in developing countries work directly with retailers in developed nations

Fair trade % of global trade

Less than one percent

Foreign direct investment (FDI) definition

Companies establish operations in other countries

FDI challenge: market competition

Large brands can destroy traditional industries

FDI challenge: investment instability

Foreign investors may withdraw capital suddenly

Debt relief benefit to developing countries

More funds for healthcare, education, infrastructure

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