Development Dilemmas Flashcards
Intermediate/Appropriate technology
Equipment that the local communtity is able to use relatively easily, and without much cost.
Bottom up approach
Development projects that originate in local communities rather than central government, or external agencies.
BRICs
Brazil, Russia, India, China
Core region
The most important social, political, and economic area of a country, or global region. The centre of power.
Dependancy theory
A theory that suggests that the poorer countries of the world supply resources, and therefore also wealth to the richer countries. This happens through an economic system that favours the developed country.
Disparity
A great difference e.g. between parts of a country in terms of wealth.
Gross Domestic Product (GDP)
The total wealth created within a country divided by its population.
Human Development Index
A measure of development that uses four economic, and social indicators to produce an index figure used to compare countries.
Millennium Development goals
The development goals agreed by world governments at the UN summit in September 2000.
Newly Industrialising Country (NIC)
Countries which experienced rapid economic growth during the second half of the twentieth century as a result of industrialisation e.g. Malaysia, Hong Kong, Taiwan, Singapore
Periphery
The outer limits, or edge of an area, often remote, or isolated from its core.
Poverty cycle
A set of processes that maintain a group, or society in poverty.
Poverty line
The estimated minimum level of income needed to meet a person’s basic needs- the World Bank considers this to be $1.25 per person per day.
Purchasing Power Parity (PPP)
Purchasing Power Parity is used worldwide to compare the income levels of different countries. PPP thus makes it easy to understand, and interpret the data of each country.
