Development Dynamics Flashcards
Development
Term that measures how advanced a country is compared to others. About the standard of living in a country
What is GDP?
Gross Domestic Product - total value of goods and services produced by a country in a year
What is GDP per capita?
Total value of goods and services produced by a country in a year divided by the population of that country
What is HDI?
Human Development Index - Puts together measurements of a country’s gross national income per capita, life expectancy and years in education to provide a figure that represents the country’s development level
Limitations of GDP and HDI
- All measures of development show averages only
- Data doesnt show everything and are not always accurate
What score is HDI between?
0-1, 1 being the highest
How are fertility rates and age in emerging countries?
- High rates
- Youthful pop
How are fertility rates and age in developed countries?
- Lower fertility rates
- Ageing pop
Problems of Rostow’s modernisation theory
- Outdated (1960) and simplistic
- Some countries skip stages
- Not all countries have same resources/climate
- Eurocentric - model based on the experience of Europe
- Other ways to develop (tourism, attracting FDI)
- One-way, some countries fall backwards (debt/corruption)
Franks dependancy theory
- Idea that developing countries cant develop because they are dependent on developed countries
- Most developed countries have the economic and political power to exploit less developed countries and impose trade barriers and conditions for loans that hinder development
Describes neo-colonialism
Problems of Franks Dependancy Theory
- Written in 1950s so is outdated
- No middle grounds - China is not a periphery and not yet a core
- Colonialism had good benefits - it provided with a basic infrastructure (eg transport/communication)
- Bangladesh hasnt improved yet despite receiving increased aid from the west for 2 decades
- Never colonised countries eg Afghanistansuffer from severe problems as they lack infrastructure provided by colonial powers
What is top-down development?
- Large-scale projects that aim at national-level
- Very expensive - funded by international development banks
- Sophisticated tech that needs experts to install and maintain
- Broad development aims not targeted towards local people
- Money comes from World bank or from TNC investment
What is bottom-up development?
- Cheaper - funded by the village itself
- Local-scale that aim to bnefit a small group
- Straightforward tech that local ppl can repair and operate
- Money comes from NGOs
- Aim is to help poor people
What is the Brandt Line?
A line that divides developed and developing countries on the world map
What is neo-colonialism?
Control of less-developed countries by developed countries indirectly - a less-developed country cant earn money if a developed country doesn’t buy their goods - causes dependency
What is infant mortality rate?
The death of children under the age of one year
What is an NGO?
Non-Government Organisation - a company or organisation that operates separate from the government, but doesn’t aim to make a profit e.g charities, universities
What is Rostow’s Modernisation Theory?
The development of a country takes 5 stages of growth: Traditional Soceity, Pre-conditions for Take Off, Take Off, Drive to Maturity, Mass Consumption
What is a traditional society according to Rostows Modernisation Theory?
- Economy based on primary sector
- Agriculture, small-scale mining, foraging and fishing
- Low levels of tech or scientific knowledge
- No currency
What is “Pre-conditions for Take Off” according to Rostows Modernisation Theory?
- Country starts to create resources that are in demand
- Hasnt started trading internationally
- Starting to mine, farm or collect resources that they might sell later for profit
- Bartering (trading w/o money)
What is a “Take Off” according to Rostows Modernisation Theory?
- Country rapidly industrialises
- Many businesses choose to invest or start a new company in the country
- Country will start to trade valuable eg minerals and cotton
- Jobs increase in industry instead of agriculture
What is “Drive to Maturity” according to Rostows Modernisation Theory?
- Businesses will develop and the government will earn enough tax to improve the country and control probs like pollution, poverty, sweatshops
- Industries that pollute or exploit their workforce are fined until they lieave
- This leaves behind good job oppurtunities, attractive cities and a good economy
What is “High Mass Consumption” according to Rostows Modernisation Theory?
- Final Stage for most developed countries
- They have high income, most families can afford more luxury
- Good quality of life and good access to health and education
Social causes of inequality
- Education - right qualifications or else increased unemployment
- Health - some countries more vulnerable to diseases and poor health e.g mosquitoes in hot climates = malaria
- Historically disadvantaged = countries that were ruled by other countries, countries exploiting resources
Advantages of GDP
- Data is availible for every country with an economic structure
- Theres lots of historical data to compare as many countries measure GDP
- It remains the same (uniform). Therefore easy to calculate and consistent to measure across all countries
Disadvantages of GDP
- It uses an average amount of money per person and so hides any gap between rich and poor ppl. (India has a bout 60 billionaires - but millions of ppl below the poverty line)
- Doesnt include important activities that dont involve money (eg subsistence massive inequality)
- GDP per capita disguises massive inequality
Demographic data
- All the data related to countrys population
Population pyramid
Bar graph which shows tha age and gender structure of a place
What does HDI look at?
- Life expectancy, income/GDP, literacy/education
- Scale between 0.000 - 1.000
- Developed = 0.8-1
- Emerging = 0.55-0.799
- Developing = Below 0.55
Advantages of HDI
- Uses 2 types of social data (health and education) and 1 type of economic data
- Much more accurate measure of both the standard of living and quality of life in a country
- Info updated annually
Disadvantages of HDI
- Wealth still has too much importance
- HDI is still too simple and that for a real measure should be a range of 10-15 diff measures
Dependancy Ratio
- Proportion of ppl below (0-14) and above (65+) normal working age.
Causes of global inequality
- Colonialism
- Slavery
- World war/ civil war
- Pandemics
- Corruption
- Crimes
- Education
- Health crisis
Terms of trade
Means the value of a countrys exports relative to its imports
Cash Crops
Crops which are sold for money