GHD Flashcards
state of dying or approaching death/obselete
moribund
basic infrastructure
roads, ports, power…
John Maynard Keynes
economic decision of Brit gov before WWI
legacy: concept that governments have a role to play in the economic well-being of industries and people
“most men love money and security more and createion/construciton less as they get older
what would happen if tghe economic problem is solved
“if the economic problem is solved, mankind woudl be depreived of its traditional purpose”
for many in teh US, our economic problem is solved and absolute needs met so people were left with insatiable relative needs’
Global Burden of Disease
largest and most comprehensive effort to quantify health care loss across places and time
- 459 health outcomes and risk factors in 204 countries
after WW1, the US started a war on terrorism but neglected the deeper causes of poverty
minimal money spent on destabilized coutnries with extreme poverty - haven of unrest, violence, global terrorism
global health magazine
Lancet
aids/TB/malaria program
Global Fund to Fight AIDS< TB, and Malaria
“it is no good to lecture the dyying that they should have done…
it is no good to lecture the dying that they should have done better with their lot in life
- help them onto the first fung of the latter of develoment when they can procedure to climb on their own
writing by JM Keynes
“Economic Possibilities for our GrandChildren” 1930
city in Malawi
Lilongwe
super hot temperature
sweltering temperature
problem with soil
soil nutrients can be depleted so they can’t yield normal/esxpected crops
financing
process of funding business activities, making purchases, or investments
finance
process of channeling money from savers and investors to entities that need it
- savers and investors have money available which oculd earn interest or dividends if put to productive use
2 types of financing
equity and debt financinge
equity financing
no obligation to repay the money acquired through it
debt financing
requires repayment of money barrowed
problem of undernutrition
stunts growth
problem with school in impoverished areas
hit/miss b/c poverty, illness, need to help family
HIV antiretrovirals in malawi
HIV antiretriovirals in Malawi didn’t have drug resistance b/c those in Malawi didn’t have access to those rxd before
floods Bangledesh
Ganges
how was the nation of Bangladesh born?
war for independence against Pakistan in 1971
= called “international Basket Case” by Kissenger’s State Department
Kissinger’s state dept called it “international basket case”
Bangledesh war for independence agaisnt Pakistan in 1971
growing rapidly
burgeoning
factory that is crowded with poor/illegal working conditions
sewatshop
capital of Bangladesh
Dhaka
- ninth largest/7th most densely populated city in the world
impact of the garment industry in Bangledesh
gave Bangladesh an economic growth of 5% and gives women power in a society that was originally biased against. so this was the first step on their development ladder
sweatshops in bangledesh
actually was the first rung on the devleopment ladder. plus gave women a foothold in teh community
**developed countries callign to close the factories owuld put women back into rural misery
**despite reports of poor working ocnidtions, long hours, harassment, decreased rights…women still think it is an good opportunity and their lives are better for it. got them out of their village and not stuck withraising their kdis
women in finainance
women were long considered unbankable. not creditworthy to bear transactional costs
effect of putting into the workforce in developing countries
decreases teh brithrate
two big things that happened under the leadership of the man who led China after WWI
Mao Zedong
Cultural Revolution
Great Leap Forward
greatest tragedy and development ladder
the greatest tragedy is that 1/6 of humanity is not on teh bottom rungs of the development ladder. most are caught5 in the poverty tripn
extreme poverty
no basic means for survival
moderate poverty
barely meets basic needs
relative poverty
household income below average natural income
household income below average national income
relative poverty
wealth is a modern concept…
wealth is a new concept
- poverty or at lead subsistence living has been the norm for human existence, on all continents, and in all cultures until very recently
world population in 2AD
230 million
world population in 1000 AD
270 million
world population in 1800 AD
900 million
many people assume the rich have gotten richer b/c the poor got poorer - NOT TRUE!
key fact of modern times is not the transfer of income from one region to the other buby force but overall increase in world income at different rates
what is the main force behind long-term icnrase in income in rich world
TECHNOLOGY not exploitation of power
impact of the steam engine/fossil fuels
unlocked mass production of goods and ervices at a scale beyond wildest drams
year feudalism/serfdom disappeared in Britian
`500s
why doesn’t the civilian GHE sector respect the military
b/c we don’t want to learn
economic organizations that do country=level loans
IMF and World bank
how to interpret fever
a symptom not a specific disease
“when yu hear hoofbeats, think horse not zebra if no zebras in yoru area”
SAPs
Structural Adjustment Program
- economic reforms imposed by the IMF and the World Bank on countries who borrow money
- require borrowers to do things like implement free market policies like priivialization, trade liberation
- stated purpose of SAPs: adjust the country’s economic structure, improve international competitiveness, and restore its balance of payemnts
PRSP
poverty reduction strategy papers
- part of the Structured Adjustment Programs
created IMF/World bank
Bretton Woods
what are economists largely untrained in
economists are untrained in physical geography and human ecology
geopolitics
a country’s security and economic relationships
Differential Dx for Poverty Reduction
extent of extreme poverty,
economic policy,
fiscal framework,
physical geography
human ecology
patterns of governance
cultural barriers to economic development
geopolitics
Defects blamed on Africa poverty
- 3 centuries of slave trade leading to leaderless, low educaiton, poor infrastructure
- Europeans drew border sthat folowed arbitary lines of division leading to divided ethnic grups, economics, watersheds…
- US backed apartheid of Congro in 1960
- US had a h and in teh overthrow of Ghana in 1966
- almost every african political crisis had is their long hx is becaus eof European meddling
Development web items
agricultural impacts
invest in basic
edu
transporation
communciation
sanitation
safe water
what will the end of poverty requrei
a global network of cooperation among people who must work together even though they do not necessarily trust each other
poor and the devleopment ladder
the poor face strucutral problems to get to the first rung of the development ladder
most focus on ending poverty…
most focus on key investments to get foot on the first rung of the development ladder
nitrogen-fixing trees
covnert atmospheric nitrogen, most food crops can’t use directily into a nitrogen component that food can use as nutrition
problem with introducing new technology
new technology costs money
short stature for age r/t nutrition
stunting
outcome of chronic undernutrition
stunted growth
at the most basic level, how do we end extreme poverty
by enabling the poor to get on the first few rungs of the development ladder
- problem is, many lack the minimal capital to get started
6 types of capital the bottom rungs (extreme povety) of the development ladder lack
HUMAN capital: health, nutr, skills to be economically productive
BUSINESS: machine/family, motor transport
INFRASTRUCTURE: road, power, sanitation, water, telecommunication
NATURAL:
PUBLIC infrastructure: commercial law, uudicial, gov serfices, policing to ensure peaceful/prospertity
items that fall under household income
consumption, taxes, savings,
gove turns taxes into spending and governemnt investment
what happens to your household income if extreme povertty
all money goes to consumption just to stay alive. no taxes or savigns
- negative groth rate
heart of poverty trap breaking
targeted investment backed by donor aid
what happens when households are able to save moeny
households being able to save money puts teh economy on a path of sustained economic growth but w/o donated fundings, teh necessary investments can’t be financed
5 reasons governmetn should finance schools/clinics versus provate sector
- if private, creates monopoly and they would overcharge for use. so government = cheaper
- nonrival/publically provided goods doesn’t decrease avaialbility
- spillover effect in social sector. I want gov vaccinated so you don…. like when spillover exists private makets to undersupply goods and sevgices
- ensure all have access to key basic goods liek water/food is the job of the government, international law, universial dec of human rights
gov wants to give citizen what they need
private versus gov provision of social services/basic needs
gov should provide social sergices/basic needs but private entrepreneurs have shown they do a better job at running compared to gov
- gov run business do for political not economical reach and banks make loans for political not on a basis of expected return
Rocketfeller Foundation
fears massive hunger b/c increase in global population so they did HYC (high yield variety) crops in 1944
- started in Mexico. this took Mexico from being a grain exporter to being a grain importer
smallpox vaccine
Jenner in 1796
year smallpox was eradicated`
1980
malaria in 1940s
over 1/2 of the world lived in malario endemic areas
aka river blindness
onchocerciasis
micorfinancing lending
financing services targeting targeting individuals/small businesses who lack access to conventional banking and related services
- in 2020, 500M people directly or indirectly benefited from these types of loans
cold chain
set of rules/procedures that ensure the systematic coordiantion fo activiteis for ensuring temperature-control of goods while in sotrage and transiti
objective of cold chain
preserve the integrity and quality of perishable goods from production to consumption
CCP
critical control point
- point where the failure of SOP could cause harm to customers, business. point where controls canbe applied
hazard analyusis and critical control points
systematic prevention approach to food safety from bio, chemical, physical hazards in production processes that causes finished products to become unsafe
aid agency focus on development projects
aid agencies focus on development projects as symbolic rather than national scale just enough to make good headlines