Final Review: Living Standards Flashcards
Human Development Index
Rank members according to:
- Adult literacy
- Life expectancy
- Per capita GDP
Gross domestic product GDP
Total value of all goods and services produced in a country in one year DIVIDED by population
Per capita
per person
Adult literacy
people who can read
Infrastructure
Things such as transportation & communication links, electric-power distribution sys, schools hospitals
Poverty cycle
poor families get trapped in poverty
Poverty and armed conflict
Conflict
World Bank & International Monetary Fund (IMF)
As a result of deft; set up to provide LOANS to help countries to improve LIVING STANDARD.
-encouraged countries to invest in projects (boost economic growth >FAILED) UN pay debts
Multinational company
Large companies that operate in more than 1 country (a lot of political power)
Highly indebted poor country (HPIC)
Countries @ bottom of UN development Index; measures social progress among countries
Bilateral aid
Assistance from other government to another
Multilateral aid
Assistance funded buy # of governments (involves large scale projects)
Tied aid
Aids give conditions attached
UNICEF
UN children’s fund:
-Fight iodine disorder
Amnesty International
3mil + 150 countries working together to protect and promote human rights