114 Exam 1 Flashcards

1
Q

Bretton Woods Institutions/System

A

An international monetary system that created the International Monetary Fund (IMF) and the World Bank

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2
Q

Development Ethics

A

An approach to INDE that ensures governments and NGO’s provide worthwhile, sustainable, and participatory development

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3
Q

Development Economics

A

Focus on developing the economies and social and fiscal conditions of developing countries.

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4
Q

Keynesian Economics

A

A macroeconomic theory states that governments should actively participate in their countries’ economies instead of letting the free market stabilize the economy.

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5
Q

Modernization

A

The process of updating the country’s outdated infrastructure

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6
Q

Neoliberalism

A

Implementation of the free market, privatization, deregulation, and liberalization

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7
Q

Marxism

A

A view that analyzes the history of society and the struggle between social classes.

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8
Q

Dependency Theory

A

A theory that suggests core nations make periphery nations dependent on them through trade and cheap labour.

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9
Q

Capabilities Approach

A

A way of assessing human welfare that focuses on a person’s ability to live the life they value.

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10
Q

Human Development

A

Process of improving the freedoms and opportunities of people.

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11
Q

Human Security

A

Improving human safety and well-being involves protecting people from threats to their livelihoods, such as hunger, disease, and repression.

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12
Q

Global North

A

A term used to describe the wealthy and powerful countries in the world rather than a specific geographic region.

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13
Q

Global South

A

A term used to describe the world’s developing regions, mostly in Africa, Asia, Latin America, and Oceania.

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14
Q

Eco-Tourism

A

A form of sustainable tourism that aims to minimize environmental impact while also educating visitors about nature.

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15
Q

Voluntourism

A

A type of travel where tourists volunteer for a cause, usually in a developing country.

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16
Q

Emerging Economies

A

The economy of a developing nation is becoming more engaged with global markets as it grows. Considered to have some but not all of the characteristics of a developed market.

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17
Q

Ethical Tourism and Travel

A

The consideration of the impact of actions on society, culture and the environment.

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18
Q

Fourth World

A

A term used to describe the most impoverished and marginalized regions of the world

19
Q

Gender Equality Index

A

An index for the measurement of gender disparity

20
Q

Global Civil Society

A

A broad term that refers to networks of people, organizations, and ideas that operate outside of national governments, such as NGOs in international development.

21
Q

Gross Domestic Product (GDP)

A

The total value of all goods and services produced in a country over a specific period of time, typically a year.

22
Q

GDP per capita

A

GDP divided by its population. It is often considered an indicator of a country’s standard of living.

23
Q

Happiness Index

A

Used to measure aspects of human suffering within a population. Such as the impact of social injustice, climate injustice, income inequality, disengagement from the democratic process, loneliness, isolation, and ill health.

24
Q

Human Development Index

A

A summary composite measure of a country’s average achievements in three basic aspects of human development: health, knowledge and standard of living.

25
Humanitarianism
A philosophy that values human life and aims to improve the human condition with the principles of humanity, neutrality, impartiality and independence.
26
Human Rights
Rights set out by the U.N. are owed to every human without discrimination.
27
Universal Declaration of Human Rights
10 December 1948, the U.N. proclaimed that fundamental human rights to be universally protected.
28
First-Generation Human Rights
This category has civil and political rights such as freedom of opinion, freedom of expression and press, equal access to the public, and participation in the elaboration of laws.
29
Second-Generation Human Rights
This category of socioeconomic and cultural rights has categories such as the right to work, freedom of association, the right to education, learning, and social insurance.
30
Third-Generation Human Rights
This category has solidarity rights, such as the right of people to self-determination, the right to peace, the right to development, and the right to humanitarian assistance.
31
International Law
A set of rules that govern the legal interactions between states and other actors. It also governs how states treat people within their own borders.
32
Millennium Development Goals
Old global goals that did not achieve their targets for eradicating extreme poverty and hunger. Modern SDGs replaced it.
32
International Monetary Fund
An organization of 189 member countries that works to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.
33
Sustainable Development Goals
17 global goals were set out by the U.N. for 2030 to achieve peace and prosperity for people and the planet while tackling climate change and working to preserve oceans and forests.
34
International Organizations (IOs)
A group of governmental or non-governmental organizations from several countries collaborating.
35
non-governmental organizations (NGOs)
A non-profit organization that operates outside of government control.
36
multinational corporations (MNCs)
A company that does business in multiple countries.
37
Parts/Pieces of Global Governance
The system of institutions, rules, norms, and procedures that enable international cooperation on issues that cross national borders.
38
Rational self-interest Regime
An economic theory that assumes people make decisions that benefit themselves.
39
Shock Doctrine/Disaster Capitalism
Political actors exploit the chaos of natural disasters, wars, and other crises to push through unpopular policies such as deregulation and privatization.
40
5P principle
Expansion on the Triple Bottom Line (people, prosperity, and planet) to include partnership and peace.
41
United Nations
An intergovernmental organization that aims to maintain peace, security, friendly relations, and achieve international cooperation.
42
World Bank
An international financial institution that provides loans and grants to the governments of low and middle-income countries for the purposes of economic development.