What is activating effect?
Consider a carbonyl group. We know that, under acidic conditions, $\ce{H+}$ can protonate on carbonyl $\ce{O}$ and hence activate the carbonyl group to nucleophilic attack at $\ce{C}$, and we call such an effect an activating effect. The metal ions $\ce{Li^+}$ and $\ce{Na^+}$ serve the same purpose as $\ce{H+}$, though $\ce{Li^+}$ is a stronger activator due to its high charge density and hence stronger attraction to $\ce{O}$.