EQ2: Winners and losers

Question 1

What is the global shift?

Answer 1

The relocating of the global economic centre of trade to Asia from Europe and north America over last 30 yrs.

Mainly involved with the manufacturing of jobs from Europe, Japan and North America to china.

Question 2

What are the benefits for the emerging Asia?

Answer 2

Average income has soared
National revenues soared, South Korea (education and health)
Poverty reduction and waged work

Question 3

More info reduction on poverty and waged work

Answer 3

1 billion have escaped 1.25 dollars a day poverty since 1990
Majority are Asian: over 500 million escaped poverty in china
Many now earn between 10-100 per day
Predicted 2030 Asia to home 3 bill middle class peeps

Question 4

Edu/Training

Answer 4

Asia- Edu has improved in recent decades
Illiteracy remains a problem in rural India
25,00 unis in china, India, and south Korea
-millions graduate degrees each year

Question 5

What are the costs?

Answer 5

Environmental/resource pressure

• acceleration in enviro decline
• forest land used for urbanisation, logging, cash cropping
• 1990 Togo has lost 60% of forest area
• Nigeria forest have halved in size

Question 6

What else has happened to the environment?

Answer 6

• Productive land crop has been ruined(exploitation, soil erosion, mining)
• 1990-2008 demand in raw materials (soy bean, iron ore), has slackened due to china’s reduced demand

Question 7

Infrastructure development

Answer 7

Modern motorways, high speed railways, and airports

Question 8

What is becoming a trend in Asia?

Answer 8

There is a high rise in high rise development in city hotspots (Hong Kong)
This creates a loss of recreational spaces

Question 9

What has happened to people that are in poverty?

Answer 9

There mostly living in slums on the outskirts of the city
Mumbai slum Dharavi
Very chaotic
Home to families that live on £200 a month
It is the location of a thriving recycling industry worth 700 mill a year.