Development Dynamics Flashcards
Name an undeveloped country
Malawi
What do you call farmers who just provide for themselves?
Subsistence farmers
Name an economic development indicator
- GDP or PPP
- Poverty line
- Measures of inequality
Name a social development indicator
- Access to safe drinking water
- Literacy rate
- Crime rate
What is the HDI?
The human development index is a number between 0 and 1 which is affected by four factors:
- Life Expectancy
- Education (Literacy)
- Education (Average length of schooling)
- GDP per capita (Using purchasing power parity)
What is PPP?
Purchasing power parity measures what $1 can buy you in certain countries. For example, you can buy more for $1 in Malawi than in the UK.
What is the Corruption Perceptions Index?
Devised to help investors know where their money is safe, it’s a rank between 0 (very corrupt) to 10 (honest).
What can you tell from a pyramid shaped population pyramid?
The country in question has a high birth rate and short life expectancy.
What is birth rate?
Number of live births per 1000 people per year.
What is death rate?
Number of deaths per 1000 people per year.
What is dependency ratio?
Total number of people aged younger than 14 and older than 65 divided by the number of 15-64 year olds, multiplied by 100. The lower the number, the more workers and less dependant population a country has.
What is Fertility rate?
Average number of births per woman.
What is infant mortality?
Number of children per 1000 live births who die before their first birthday.
What is life expectancy?
The average number of years a person can expect to live.
What is maternal mortality rate?
Number of mothers per 100,000 people who die in children.
What is the Brandt line?
The 1980 line which divides the rich and poor countries geographically. Except Australia and New Zealand primarily, the richest countries are in the Northern Hemisphere.
What is a HIC?
High income country
What is an LIC?
Low income country
MIC?
Middle Income Country
What is an NIC?
Newly industrialising country
What is an RIC?
Recently industrialising country
Name an MIC
Brazil and Chile
Name an NIC
Hong Kong, Singapore and Malaysia (also known as Asian Tigers).