🏙️ csmp sg4 Flashcards
4!! sri lanka before economic change (socio economic)
agriculture industry
imported expensive manufactured goods
civil war = less FDI (investment)
sri lanka before economic change (demographic)
older population so didn’t work
many young ppl killed at war
sri lanka before economic change (cultural)
civil war between sinhalese and tamils over land
sri lanka before economic change (environmental)
air pollution due to traffic
water pollution due to industry
USS - poor sanitation & waste management
what were main working sectors in 1980 & 2014 (%)
1980: primary (46%)
2014: tertiary (45%)
asian tigers
fast developming asian countries
global shift
increased global connections so relocation of manufacturing
comparative advantage
advantages for TNCs when relocating labour intensive factories do EDCs
new international division of labour
ACs focusing on services
EDCs focusing on manufacturing
player
a person, group etc who is interested in development
how do the sri lankan government drive economic change
- mahinda chintana - manifesto to develop country
- aimed to create 3 mil jobs
- reconstruction of war torn areas
vision 2025 - grow knowledge economy & attract FDI - top down projects eg sahaspura
how do nestle drive economic change
- factory employed 1200 ppl & positively impacted 23,000
- coconut plan: 10,000 commutes to 2000 farmers to increase their income
- dairy development programme: trained and aided farmers
- £28 mil to farmers in exchange for milk etc
how do the ADB (asian development bank) drive economic change
- $9.7 bil to sri lanka as loans/grants since 1980
- rural development: trained teachers, safe water, 95% of villages connected to electricity grid, 630km of roads/highways
- puts sri lanka in a lot of debt
socio economic impact of economic change
- improved infrastructure
- improved healthcare
- USS clearance eg sahaspura
- rural -> urban migration
- still lots of inequality
demographic impact of economic change
- older population don’t have enough savings/pension schemes
- still lots of gender inequality
- more skilled workforce but they’re leaving for better paid jobs in other countries