Change In Economic World Flashcards
SMART moterways
Total cost £15 billion
More than double bed
HS2
2010 price- £40bn
2029 price- £108bn
It ‘levels up’
Food
Over £2 billion more undernourished
There is kawashkor and scurvy
Av cal a day in USA:AFRICA
3800:1800
UK demand for exotic food
Buy from abroad
Water
2025- 50 countries in water deficit
Poor sanitation - 2nd biggest killer of children in the world
Energy
Uk 37.4% renewable
35% fossil fuel
Haiti
Dependent on foreign aid
$22 billion ( today ) reparations to France
80% of rev to pay it off for the next 120 years
Then USA took it over and killed people rebelling then pulled back troops for good will policy.
Stratigies to reduce dev gap
Investment- FDI, multiplier effect
( shell gave Nigeria 14k jobs )
Aid- unilateral, more then one country
Bi lateral- country to country
Fair trade-small farmers given minimum wage and paid fairly
Debt relief- cancel LIC debt to help them
Micro finance loans- LICs get litttle loans to help them
Intermediate tech- tech to make them get a skill
Tourism- Kenya, 600k employed
Shell and Nigeria
FDI
14k employed
2018 £1.5 billion in tax
91% of contracts go to Nigerians
250k jobs linked to Shell
Nigeria bad
48% live in absolute poverty
57% literacy rate ( 78% in Kenya )
Britain
Privatisation
Brexit
2015 78% in tertiary
10% in quaternary
Hebden vs Nelson
House price: £195k vs £61k
Tourism: 6 mil vs none