development dynamics Flashcards
How is history a cause of global inequality
countries such as UK and France exploited their colonies for unequal gain
what are the economic consequences of inequality
lack of money for food, innovation and rural investment
what are the economic development indicators
GDP
value of all goods and services produced by a country in a year
how do we measure and define development
development is a term that measures how advanced a country is in terms of money and quality of life
what are the political indicators of development
CPI
measures honesty in government and their departments
what are the causes of global inequality
history
environment
social investment
economics and politics
how is the environment a cause of global inequality
landlocked and mountainous countries are slower to develop. So are tropical countries where climate related water-borne diseases are common
natural hazards can also slow development
what are the social impacts of global inequality
more international migration
lower literacy rates
little access to clean water
what are the environmental impacts of global inequality
vulnerability to natural hazards
land degradation
resource exploitaition
no capacity to deal with climate change
what are the political consequences of global inequality
non democratic or poorly functioning governments
according to AG Frank, why haven’t some countries developed
developed countries exploit developing countries and cause them to rely on the developed world, leading them to debt
what are the main features of top-down development
large scale
advanced technology
millions/billions funding through TNC’s or World Bank
e.g. Dams, HEP’s
what are the main features of bottom-up development
small scale - local
usually funded by NGO’s
simpler technology
e.g. wells, clinics
what contributes to development
trade
ade
remittance
debt relief
how can trade and investment contribute to development
increases the amount of money used for infrastructure and services
investment can also increase trade
how can fair trade help develpoment
gives farmers better quality life and more money to invest in their farms and community
how can fair trade help development
developing countries build up debt from development projects
debt relief allows them to continue developing with a smaller amount of debt
how can remittances help development
money migrants send home
helps combat poverty and aids economic development
how are economics and politics a cause of global inequality
open economies encourage investment and develop quicker- investments create jobs and fund infrastructure
poor governance and corruption may slow development
countries that invest in health and education generally develop quicker
what is Frank’s dependency theory
developing countries rely on the developed
- outdated
- doesn’t take into account conflict and natural disasters
what is Rostow’s theory of modernisation
traditional society
commercial exploitation of agriculture and extractive industries
development of manufacturing
development of industry and commercial base
high - mass consumption
what are the cons of Rostow’s theory
assumes all countries start at the same stage
outdated