changing economic world Flashcards
what is HDI?
Human Development Index
links health, wealth and education
it is a SOCIAL measure and aims to show how much people benefit from a countries economic growth
- life expectancy + years in education + GNI per head
what is GNI?
Gross National Income
used to measure a countries economic development
- total value of goods and services + money earned from and paid to other countries
how can development be measured ?
- HDI
- GNI
- life expectancy
- birth rate
- death rate
- literacy rate
- infant mortality rate
what are the limitations of economic and social measures ?
- average for the whole country
- data could be out of date or biased due to corruption
- may not take informal economies into account
physical causes for uneven development ?
- landlocked countries are unable tpo use the sea for trade which is very important for economic growth
- climate related diseases or pests
- lack f basic supplies such as clean water
economic causes for uneven development ?
- poverty had a very negative multiplier effect ~ low life expectancy / less eligible work force / lack of economic activity
historical causes for uneven development ?
- no economic growth or industry
- colonialism
How does uneven development lead to disparities in health ?
- LIC’s are unable to invest in better health care
- lack of basic sanitation and supplies allows disease to spread quicker
- complications at child birth
What is being done to reduce the development gap ?
- TNC’s invest in LIC’s to increase their profits
- development of infrastructure
- new industries
How has tourism been used to reduce the development gap?
- increased income from abroad
- attraction
- investment can be used to improve education , healthcare and housing
What if Nigeria’s importance in Africa?
- fastest growing economies
- highest GDP in the continent
- population of over 182 million
- 70% of the population employed in agriculture
What is the political context?
- 1960’s Gaines independence
- lack of political stability has lead to corruption although it is improving in recent years
- more FDI
What is the environmental context ?
North =
Decreasing rainfall
Used for cattle grazing
Dessert
South =
high annual rainfall
Crops such as cocoa, oil palm and rubber
How has Nigeria’s source of income changed ?
Used to be agriculture
Now oil
What are the advantages of TBC’s in Nigeria ?
- employment
- local infrastructure
- revenue
- positive multiplier effect