Development Gap Case Study - Levels Of Development Flashcards

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1
Q

How has Bulgaria reached the economic periphery?

A

Pre 1990’s Bulgaria was a Soviet state.
When the Soviet Union broke down in the 1990’s, living standards dropped by 40%.
Bulgaria became a democracy in 1998.
Bulgaria became part of the EU in 2007.
Population had dropped by 1 million (8.3m->7.3m) by 2011 to find better opportunities and quality of life.
Bulgaria now has a low GDP per capita and is in the periphery.

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2
Q

Name a country in the economic core.

A

Ireland

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3
Q

How has Ireland reached the economic core?

A

Pre 1970’s Ireland’s main industry was farming.
In 1973 Ireland joined the EU and became a high tech service economy.
Between 1995-2000 Ireland had an economic growth rate of 10%- named the Celtic tiger.
Now Ireland has a high GDP per capita and is in the economic core.

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4
Q

Name a country in the economic periphery.

A

Bulgaria

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