3.5 and 3.6 case studies Flashcards

1
Q

pension rates triple lock

A
  • goes up by 2.5%
  • matches inflation
  • matches rise in average earnings
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2
Q

what is the UK gini coefficient

A
  • 0.35 before housing costs
  • 0.39 after housing costs
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3
Q

oxfam international aid as a non governmental organisation

A
  • 8.3 million reached through humanitarian aid in 2022-2023
  • Climate change: Oxfam and Northeastern rural development organization helped build greenhouses to grow and sell crops
  • Super adobe: work in Jordan, free materials to build shelters
  • 2018 and Blocrice: Cambodia, increase negotiation for better pay → digital contracts between Cambodian farmers and Netherlands buyers
  • 2017: Hydroponics programme → cultivating plants without soil in Algerian Sahara
  • Greenhouses create 132 pounds of fodder every day that can feed 20 goats
  • Bangladesh 2018: industrial scale centralised sewage management plan at Cox’s bazaar
  • Processes the waste of 150,000 people at a refugee camp
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4
Q

government international aid –> restoring hope for gaza

A
  • the Uk’s department for international development grant of £724500 to medical aid for Palestinians to deliver trainer support and plastic reconstructive surgery.
  • 1000~ that are in need of secondary reconstructive surgery will benefit
    aims to improve surgical capacities in hospitals
  • 50 local medical personnel trained to develop specialised skills to lead future specialist limb reconstructive surgeries and treatment
  • The UK provided £17 million in emergency humanitarian assistance to cope with the immediate needs of those affected by the conflict, and committed a further £20 million to the gaza reconstruction conference in October to support early recovery and reconstruction in the region. (2014
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5
Q

china belt and road initiative aims

A

Lend 1 million us dollars to developing countries in 2023
- Domestic benefits
- Investment into chinese economy post 2009 financial crisis
- Increased FDI
- Increased local employment and income
- Infrastructure is a long term benefit

  • Aims: policy coordination, infrastructure connectivity, unimpeded trade, financial integration, closer people ties

Investments in infrastructure, ports, roads, railways and airports
- Could life 7.6 million from extreme poverty + 32 million from moderate poverty; global income could increase by 2.9%
- Could reduce poverty for many developing countries → accompanied by policy reforms but transparency is needed

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6
Q

projects associated with the china BRI

A
  • Connect Asia with Africa and Europe via land and networks regional integration, increased trade and stimulating economic growth
  • Ababa-Djibouti railway in east africa
  • Kenya: Mombasa-Nairobi Standard Gauge Railway (SGR)
  • china /pakistan economic corridor → thousands of job created in construction
  • Distaster relief in pakistan and sri lanka after natural disasters
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7
Q

problems with the china BRI

A
  • Lack of communication can deteriorate countries further → increase in global carbon emissions by 0.3%
  • Outstanding loans are a quarter of GDP of China → other developing countries fail to pay back loans and chinese gov have to bail them out → RISK
  • 104 US dollars: 2019-22 to those who borrowed due to BRI given by chinese government
  • Greener: needs more sustainable development? Population explosion 20-30 years in the future
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8
Q

changes in VAT

A

2010: austerity
- VAT 20% to 17.5%

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9
Q

farmers inheritance tax

A
  • Generational wealth
  • Increase in wealth/income → can pay accountants etc to avoid inheritance tax
  • Best way to avoid is to buy farmland and pass it down as assets
  • Farmers have high wealth but low income
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10
Q

wealth facts

A
  • Richest 1% in US earn more than bottom 90% of population
  • Top 1% own 23% of wealth in UK
    India
  • Top 10% own 70% of wealth
  • Top 1% own 40% of wealth
  • Bottom 50% own 3% of wealth
  • china : top 0.0001% has some wealth as bottom 50%
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11
Q

changes in global labour force

A
  • supply doubled from 1980s to 2000s
  • 2015: 3 billion
  • estimated 3.5 billion in 2030
  • unemployment of 208 million in 2018
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12
Q

UK birth rate

A

1.4%

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13
Q

examples of outsourcing labour

A
  • filipino nurses in birmingham wch
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14
Q

examples of developed economies declining due to cheaper labour abraod

A
  • rust belt in america
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15
Q

trade unions and labour

A
  • BMA and young doctors 25% increase
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