Chapter 18 Sustainable Development Flashcards

1
Q

Define sustainable development

A

It is the development that meets the needs of the present without compromising the ability of future generations to meet their own needs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

List the goals of sustainable development

A
  • Reduce inequality within and among countries
  • Ensure sustainable consumption and production patterns
  • End poverty in all its forms everywhere
  • Achieve gender equality and empower all women and girls
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Define economic development

A

Economic development refers to a process that leads to improved standards of living for a population as a whole.

Including reductions in poverty, improved gender equality, increased access to goods and services that satisfy basic needs (for example: education and health care)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Differentiate single indicator and composite indicator

A

Single indicator covers a specific area

Composite indicator gather a group of indicators and put them together in an attempt to get a broad picture of a country’s level of development
Measure multidimensional nature of economic growth

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Give an example of single indicator to compare GDP per capita and GNI per capita, define it

A

Definition: Purchasing power parity is based on the law of one price, which states that an identical good in one country should cost the same in another country, and that the exchange rate should reflect that price

Why use it: Different countries have different price levels

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Give examples of health indicator

A

Life expectancy: at birth the average number of years of life in a population

Infant mortality: the number of infant deaths from the time of birth until the age of one,
per 1000 live births

Maternal mortality: the number of women who die per year as a result of pregnancy-related causes, per 100000 live births

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Give examples of education indicator

A

Adult literacy rate: measure of the proportion of the adult population, aged 15 or over, who can read and write

Primary school enrolment: measures the percentage of school-age children who are enrolled in primary school

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Give examples of Economic inequality indicators

A

Lorenz curve
Gini coefficients
Poverty lines

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Give examples of energy indicator

A

Renewable energy consumption
Electric power consumption

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Give examples of environmental indicators

A

CO2 emissions per unit of GDP
Measures of intensity of water use

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Explain Human Development Index (HDI)

A

HDI measures:

Health: measured by life expectancy at birth

Education: measured by mean years of schooling and expected years of schooling.

Living standards: measured by GNI per capita (PPP US$).

The composite index is the average over the three dimensions, where each dimension is expressed as a value between 0 to 1.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Explain Inequality-adjusted Human Development Index

A

Each dimension in HDI is adjusted for inequality.
If there were perfectly equality in income, health and education, the IHDI would be exactly equal to HDI.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Explain gender inequality index

A

Reproductive health
Empowerment
Labour market participation

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Explain Happy planet index

A

o Only indicator that adjusted for unsustainable resource use
o Consider life expectancy, inequalities and ecological footprint

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Explain the strengths and limitation of measuring economic development

A

o Economic development is a multidimensional process, which cannot be accurately measured by any one measure

o Each single indicator or composite indicator only capture one part or some parts of development

o could combine many indicators to obtain an overall picture

o each indicator measures an aspect of development, often present conflicting results

indicators are subject to statistical problems:
o no access to most recent data
o Data are not fully available
o Limited capacity for collection of data
o Varied definitions

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Explain the relationship between economic growth and economic development

A

o Economic growth can occur without economic development.
o Economic growth may lead to negative externalities and lack of sustainability:
▪ Resource extraction; Deforestation; Land degradation; Water pollution; over-fishing; Air pollution; Climate change; Income inequality
▪ Economic growth based on current consumption patterns is not sustainable.

o Some economic development is possible in the absence of economic growth by reallocating its resources from industrial goods to merit goods

o But economic growth is necessary for economic development to be maintained

17
Q

Explain the possible consequences of economic growth which leads to economic development

A

o Higher income
▪ Higher levels of economic growth lead to higher GDP per capita and this should, improve the living standards of the population.
▪ As higher income allows more consumption.

o Improved economic indicators of welfare
▪ Economic growth has led to higher averages in terms of economic indicators of welfare, such as average life expectancy, average years of schooling and literacy rates.
▪ As more resources could be spent on education and health care.

o Higher government revenues
▪ Increases in GDP should result in increased government revenues from taxation.
▪ The government could therefore provide more essential services such as education, health care and infrastructure.