Case study - Sudan, Africa Flashcards
What is the GDP per capita? (Sudan globalisation)
$2,400
What is the population? (Sudan globalisation)
34 million
What is the account balance/debt? (Sudan globalisation)
$3.575 billion
What is the average life expectancy? (Sudan globalisation)
62
What is the aim of trade? (Sudan globalisation)
To promote economic growth
What is aid? (Sudan globalisation)
Money or resources given from one country to another
How does trade work? (Sudan globalisation)
- industrialisation
- exporting goods
- revenue flow
What is economic growth through trade dependent on? (Sudan globalisation)
- Adopting Western capitalism
- Trickle down effect
- Free trade
- Open markets
What is an example of a country who economically grew from trade? (Sudan globalisation)
- South Korea
- Singapore
- Malaysia
What are the negatives to trade? (Sudan globalisation)
- LEDC’s cannot compete in global markets
- Low wages = low QOL and SOL
- LEDC’s already have issues to sort e.g malaria
Where used fair trade and in what industry? (Sudan globalisation)
Vietnams
Banana industry
What are the three source of aid? (Sudan globalisation)
- Bilateral
- Multilateral
- NGO’s
How is bilateral aid given? (Sudan globalisation)
Direct from one government to another
How is multilateral aid given? (Sudan globalisation)
Governments donate to organisation, that the distribute e.g the World Bank
How is NGO aid given? (Sudan globalisation)
Voluntary donations e.g OXFAM