Global Systems and Governance key terms

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actors

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Players on the world stage that participate in global governance, exercise power, make decisions, solve problems, and improve lives.

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agrotechnologies

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The application of modern technologies, such as irrigation technologies, to agriculture.

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Antarctic convergence

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A natural boundary in the Southern Ocean which loops all the way around the Antarctic continent and separates cold north-flowing waters from the warmer waters of the subantarctic.

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banana republic

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A country whose economy is dependent on one or few commodities, often leading to a politically unstable state.

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bandwidth throttling

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The deliberate slowing of internet service by an internet service provider (ISP).

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bilateral

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Between two parties.

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bioprospecting

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The process of discovery and commercialization of new products based on biological resources.

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colonialism

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The policy or practice of a power in extending control over weaker nations or peoples.

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comparative advantage

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When a country specializes in producing only those goods that can be produced efficiently and at the lowest opportunity cost.

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Council of the European Union

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Represents the governments of member countries and promotes/defends national interests. The government ministers share power over EU budget and legislation with the European parliament.