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Questions and Answers
What is a significant concern regarding wages paid by corporations in developing countries?
What is a significant concern regarding wages paid by corporations in developing countries?
How do Acumen, Grameen, and Novogratz differ from traditional capitalist practices?
How do Acumen, Grameen, and Novogratz differ from traditional capitalist practices?
What is one reason people migrate from their homeland according to the content?
What is one reason people migrate from their homeland according to the content?
Which of the following describes the approach of Grameen regarding investments?
Which of the following describes the approach of Grameen regarding investments?
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What criticism has Warren Buffet made regarding the U.S. tax code?
What criticism has Warren Buffet made regarding the U.S. tax code?
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What is the 'Robin Hood' tax that Gates discussed at the G20 meetings?
What is the 'Robin Hood' tax that Gates discussed at the G20 meetings?
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Which of the following is NOT a reason mentioned for migration?
Which of the following is NOT a reason mentioned for migration?
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What type of capitalist approach do Acumen, Grameen, and Novogratz share?
What type of capitalist approach do Acumen, Grameen, and Novogratz share?
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What primary factors push migrants out of their homelands?
What primary factors push migrants out of their homelands?
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What impact can waves of migration have on host countries?
What impact can waves of migration have on host countries?
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What distinguishes refugees from asylum seekers?
What distinguishes refugees from asylum seekers?
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What challenges do many refugees face in host countries?
What challenges do many refugees face in host countries?
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What factors influence the treatment of refugees in host countries?
What factors influence the treatment of refugees in host countries?
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What percentage of refugees may live in camps for an extended duration?
What percentage of refugees may live in camps for an extended duration?
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What can trigger discriminatory behavior among citizens in a host country?
What can trigger discriminatory behavior among citizens in a host country?
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What proportion of displaced persons were uprooted due to conflict or persecution between 2000 and 2009?
What proportion of displaced persons were uprooted due to conflict or persecution between 2000 and 2009?
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What has been a significant challenge regarding the enforcement of international law in Burma?
What has been a significant challenge regarding the enforcement of international law in Burma?
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What is the primary mission of the Global Compact?
What is the primary mission of the Global Compact?
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What role has the legacy of colonialism played in the context of global capitalism?
What role has the legacy of colonialism played in the context of global capitalism?
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How many corporate members are currently involved in the Global Compact?
How many corporate members are currently involved in the Global Compact?
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Which of the following is NOT one of the standards included in the Global Compact?
Which of the following is NOT one of the standards included in the Global Compact?
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What has significantly affected the ability of states to manage citizen welfare in a globalized system?
What has significantly affected the ability of states to manage citizen welfare in a globalized system?
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What is the impact of corporate responsibility according to the content?
What is the impact of corporate responsibility according to the content?
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What practices have had little impact on the Burmese government's actions?
What practices have had little impact on the Burmese government's actions?
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What has prompted a modification in intellectual property and patent rights?
What has prompted a modification in intellectual property and patent rights?
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Which of the following issues is commonly faced by poor states?
Which of the following issues is commonly faced by poor states?
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What is acknowledged as a responsibility of the global community according to certain treaties?
What is acknowledged as a responsibility of the global community according to certain treaties?
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How has inequality evolved in societies during capitalist expansion?
How has inequality evolved in societies during capitalist expansion?
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What role do cities play in the context of globalization?
What role do cities play in the context of globalization?
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What might determine whether capitalism will endure according to promises made by global forums?
What might determine whether capitalism will endure according to promises made by global forums?
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What is one effect of institutional failures in society as mentioned?
What is one effect of institutional failures in society as mentioned?
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What is highlighted by treaties regarding powerful global actors?
What is highlighted by treaties regarding powerful global actors?
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What was a significant factor in shaping the cities along the Silk Road?
What was a significant factor in shaping the cities along the Silk Road?
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Which characteristic of Athens's city design reflects its cultural values?
Which characteristic of Athens's city design reflects its cultural values?
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What change occurred in city life and structure due to industrialization?
What change occurred in city life and structure due to industrialization?
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What does the presence of well-kept public areas in contemporary cities typically suggest?
What does the presence of well-kept public areas in contemporary cities typically suggest?
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What was unique about the design of Ancient Rome's city centers as it evolved?
What was unique about the design of Ancient Rome's city centers as it evolved?
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What aspect of cities reflects their historical-cultural narratives?
What aspect of cities reflects their historical-cultural narratives?
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Which city was noted as the world’s largest city at the turn of the 19th century?
Which city was noted as the world’s largest city at the turn of the 19th century?
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What message might a city with rich, well-maintained public spaces send?
What message might a city with rich, well-maintained public spaces send?
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Which city ranked highest in the Global Cities Index 2010?
Which city ranked highest in the Global Cities Index 2010?
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What characteristic is primarily obscured in composite scores like the Global Cities Index?
What characteristic is primarily obscured in composite scores like the Global Cities Index?
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Which city is ranked first in the Global Power City Index 2010?
Which city is ranked first in the Global Power City Index 2010?
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Regarding urbanization, what is projected to happen by 2050?
Regarding urbanization, what is projected to happen by 2050?
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Which index ranks cities based on GNP and population rather than composite scores?
Which index ranks cities based on GNP and population rather than composite scores?
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What is one major consequence of rapid urbanization in developing nations?
What is one major consequence of rapid urbanization in developing nations?
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Which city ranked first in the Global Economic Power Index?
Which city ranked first in the Global Economic Power Index?
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How does the Global Power City Index differ from the Global Economic Power Index in terms of ranking?
How does the Global Power City Index differ from the Global Economic Power Index in terms of ranking?
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Study Notes
Globalization: Box 12.17, Consider This: What Is a Legitimate Wage?
- Some corporations investing in developing countries pay very low wages.
- The market value for labor in some regions is $0.50-$1.00 per day.
- Paying $1.50 per day would make developing country products less competitive in the developed market.
- The entrepreneurial ownership structure of companies isn't always a factor when determining wages.
Acumen and Poverty Alleviation
- Acumen works with local banks by guaranteeing investments in locally owned enterprises.
- Their focus is on sustainable and scalable poverty alleviation models.
- They use market mechanisms but also provide technical advice, networking, and management support.
- A patient capital approach is key; they favor long-term investments over quick returns.
Migration
- People migrate for various reasons, often related to economic inequality or escape from persecution based on ethnicity, religion, or political/sexual orientation.
- Migration can create challenges for host countries due to population pressures and socioeconomic insecurity.
- Refugees experience extreme economic and social insecurity in host countries.
- Many groups live as refugees for generations.
Refugees
- A refugee is someone who cannot live in safety in their homeland due to war, disaster, or persecution.
- Refugees have a right to international protection.
- Asylum seekers meet specific criteria, and different from migrants.
- In 2010, 358,800 people sought asylum.
- Asylum seekers can be those fleeing religious, political, sexual, or ethnic persecution.
- Asylum applications can take years.
Refugee Camps
- Between 2000 and 2009, over 42 million people were uprooted by conflicts or persecution.
- Large refugee populations exist in many countries, and displacement frequently extends for decades.
- Refugee camps and conditions can be deplorable and subject to natural disasters, leading to additional hardship.
- Refugee treatment is influenced by shared characteristics between refugees and host countries.
Seeking Asylum
- People from various countries seek asylum in specific regions, the most common being North America and Europe.
- Causes for seeking asylum include religious, ethnic, opposition group, political, and sexual orientation persecution.
Aid and Development
- The effectiveness of aid for developing nations is debated.
- One concern is that aid recipients may have to purchase goods from donor countries at inflated prices.
- Another critique is that aid does not always reach the most vulnerable populations.
- Some efforts to improve aid effectiveness include targeting aid via local governmental channels.
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Description
This quiz explores the intricacies of migration, corporate wages in developing countries, and the alternative capitalist approaches of Acumen, Grameen, and Novogratz. Additionally, it addresses key factors influencing refugee experiences and the critiques made by prominent figures like Warren Buffet. Test your understanding of these critical social issues.
