Development Flashcards
Economic indicators of development
-GNI per capita (total amount of money earned in a country, divided by the population to give an average)
-poverty line (number of people earning less than $1.90 a day)
Social indicators of development
-life expectancy
-literacy rate (percentage of adults who can read and write)
-infant/child mortality rate (number of babies who die under 1/5 years old per 1000 born)
-access to safe water
Environmental indicators of development
-pollution levels
-green space (reflects government attitude)
Reducing the development gap - TNC’s
TNC’s (trans national corporations) contribute to foreign direct investment (the cash injected into the country), allowing the positive multiplier effect to occur where more and more businesses are invested into
Reducing the development gap - aid
-fair trade (a charity that pays farmers a fair wage for their crops, improving local communities)
-water aid (construction of clean water pumps)
-micro finance loans
Reducing the development gap - projects
Large-scale, expensive constructions that try to improve a fundamental need (three gorges dam, China)