Ch.1 The World of Regions: Global Divides Flashcards
Who said that globalization has turned the world to be unequal
Lindert and Williamson, 2001
The most striking attribute of the global economy
Its utmost contrast
According to the United Nation’s Development Group (UNDP) (2014), the richest 5% of the world receives?
more than 100 times the income of the poorest 5%
According to the UNDP, the richest 1% receives
the income of the poorest half of the entire population.
It is believed that the combined 25 riches Americans equates
the income of the poorest 2 billion in the entire world
This is the most widely used measure in the comparative status of the socio- economic development. It is presented by the UNDP by their annual series of Human Development Reports known as the
Human Development Index (HDI)
When was the HDI iniated?
1990
The Human Development Index (HDI) aimed to rank all countries and determine the lowest
human development and the highest level of development based on the basic indicators namely:
Real Income, Health, and Education (Todaro and Smith, 2012)
This refers to the total of all goods and services
produced and provided within a country’s borders, divided by its population. The United nation adjusted this figure to account for the cost of living in a country in order to create the
―purchasing power parity‖.
Gross National Income per Capital (GNI)
Aside from income, ______ is also included in the indicators of development. ________ is
measured based on the life expectancy at birth, the rate of undernourishment, the under-5
mortality rate, and the crude birth rate.
Health
is the number of adult males and females reported or estimated to have the basic abilities and capability to read and write
Literacy
This report was written by the Independent Commission headed by Willy Brandt to review international development issues in the 1980‗s
Brandt Report
Brandt Report formed the so called
Brandt Line
is a clear graphic presentation of a North and South division of their economies
of the different countries
Brandt Line
The Brandt Line were based on their?
GDP (Gross Domestic Product) per capita