Global Economy Flashcards
What are under United Nations?
• eradication of poverty
• education
• gender equality and women empowerment
• reducing child mortality
• maternal health
• HIV / AIDS, malaria
• environmental sustainability
• global partnership
Poverty line/treshold
UN - deprivation of basic needs
836 M - still living in poverty
1.9 M - probably the rich
deprivation of basic needs
UN / UNITED NATIONS
still living in poverty
836 M
probably the rich
1.9 M
Increasing interdependence of world
Economic Globalization
2 types of Economies
• Protectionism
• trade liberalization
quotas and tariffs
Protectionism
(they protect domestic product)
Protectionism
Easier movement
Trade liberalization
(they promote easier movement of goods)
Trade liberalization
Social economic, environmental well-being of the marginalized
Fair trade
Preservation of resources
Sustainable Development
Two types of Globalization
• beneficial
• destructive
gives development
Beneficial