EQ3 Winners and Losers of development Flashcards
Which country is a winner of development?
China
Why is china a winner of development?
-Average annual growth in economy by 8%
-Has rapidly urbanised and industrialised
-Second largest economy after USA
-Inward investment by chinese gov helped stability
-Raised loads if people out of poverty
-However, still large scale degradation of environmental quality
-Large income gaps between rural + urban populations
Why is the DRC a loser of development? :(
The DRC is an example of a country that’s been left behind
-country is chronically underdeveloped with a GNI per capita of $380 a year, despite country having coltan + gold
-Life expectancy of only 50 years. :((
-TNCs have invested in raw materials and benefits taken by shareholders in more developed nations 🙄.