Globalisation & Political Power (Leaving Cert Politics and Society): Flashcards

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Globalisation & Political Power
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Intergovernmental Organisation (IGO)

Body where states work together via agreements; decisions need member approval

Supranational organisation

States combine sovereignty; rules can override national law

IMF primary function

Financial aid to crisis economies via loans with conditions

IMF conditionality

Requirements to reform budgets, taxation, public services

World Bank focus

Finance development: schools, healthcare, digital infrastructure

WTO function

Establishes global trade regulations & dispute resolution

UNDP focus

Human development & SDGs via policy advice & programmes

EU Youth Guarantee

Member states offer work/training/education to all under-25s

Erasmus+ programme

Educational and training mobility programmes

GDPR

Enhanced digital privacy protections

NEET rates

Not in Education, Employment, or Training

André Gunder Frank's dependency theory

Global institutions lock states into dependent relationships

Martha Nussbaum's capabilities approach

Development expands abilities & opportunities, not just GDP

Ireland Troika youth impact

High unemployment, emigration, public sector hiring freeze

Globalisation power shift conclusion

Power reconfigured & negotiated, not simply transferred

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