3.7) Globalisation has led to dramatic increases in development for some countries, but also widening development gap extremities and disparities in environmental quality: Flashcards
1) What has globalisation encouraged countries to do?
1) It has encouraged them to trade together in blocs.
1) In China, has economic growth outpaced population growth?
1) Yes, China’s GDP per capita has increased by 14 times between 1990 and 2015.
1) How has globalisation led to greater inequalities?
1) > China’s richest 1% own one third of China’s property and industrial wealth.
> Every region increased its GDP per capita between 1980 to 2012, however the rates of growth differ. The developed countries and the newly industrialised Asian economies are growing at a much faster rate than the developing economies of sub-Saharan Africa.
1) Has the development gap widened?
1) Between 1980 and 2012, the development gap widened.
Economic data:
1) Why is measuring economic data difficult and misleading?
1) China’s growth since the 1980s has been based on different collection methods, and values are expressed in yuan.
1) Why are economic indicators usually given in US$?
2) What are the single indicators that we use?
1) So that global comparison is easier.
2) GNI, GDP (per capita) and PPP.
1) What is GNI (Gross National income)?
2) Why is a good indicator for HICs?
1) Value of goods and services earned by a country, including overseas earnings.
2) This is because they make a lot of money from overseas investments.
1) What is GDP?
1) Same as GNI, but excludes overseas earnings.
1) What is per capita?
1) Data that is averaged per person.
1) What is Purchasing Power Parity?
1) It relates average earnings to local prices and what they will buy - reflects local cost of living.
1) What are indicators that exist in composite form?
1) What is an example of such an indicator?
1) They use several sets of data.
2) Economic sector balance
1) What is economic sector balance?
2) What happens to the value of the primary sector, as countries develop manufacturing industries?
3) How and why has the value of the primary sector fallen in Vietnam?
4) Where is the value of the primary sector still high, and where is it low.
1) This is the percentage contribution of primary, secondary and tertiary sectors to GNI.
2) The value of the primary sector falls, as the value of the secondary sector rises.
3) The value of Vietnam’s primary sector fell from 50% of GNI in 1990, to 22% in 2014. TNC’s now manufacture clothes in Vietnam.
4) In Malawi it’s 30%, whilst in the UK it’s 0.6%.
Social Indicators:
1) What is the Human Development Index?
2) Which four indicators does it use?
3) What are each of these indicators converted to?
4) Why does HDI health and education data, lag behind economic data?
1) It was devised by the UN to provide a measure of life expectancy, education and GDP for every country, showing how far people are benefiting from economic growth.
2) Life expectancy, Education (literacy and number of years of education) and GDP per capita (using PPP).
3) To a value ranging from 0 (low) to 1 (high). These are then combined into a single index - the HDI.
4) This is because many countries don’t have sophisticated agencies for accurate calculation.
Women and Development:
1) Is there any country, where women are equal to men?
2) How are women treated in LIC’s?
3) How has the UN responded to this?
1) No matter the level of development, there is no country with complete equality.
2) They prevent their daughters from going to school beyond puberty, due to expenses.
3) It has created the Gender Inequality Index.
1) What indicators does the Gender Inequality Index use?
1) Reproductive health, empowerment, education and employment.