Economic Flows

Module as described by the IB Syllabus:

Financial Flows: Examine the importance of loans, debt repayment, development aid, remittances, foreign direct investment and repatriation of profits in the transfer of capital between the developed core areas and the peripheries. Examine the influence of governments, world trading organizations and financial institutions (such as the World Trade Organization, International Monetary Fund and World Bank) in the transfer of capital.

Labour Flows:Explain the causes and effects of one major flow of labour between two countries.

Information Flows:Explain the role of ICT in the growth of international outsourcing

Important Documents

Terminology

Economic Migration

imf & World trade organization & world bank

outsourcing

Loans and debt relief

aid

foreign Direct investment

Videos

Foreign direct investment in Brazil

This video is very interesting because it provides the case study of Brazil to explain foreign direct investment. It gives a clear definition of the meaning of Foreign Direct Investment and gives valid examples. This is one of the clearest explanation that I've seen and it will be a useful revision tool