global inequality Flashcards
is global inequality increasing and causing higher risks? think about it
?
how are hybrid risks produced?
by interactions between the economy and the environment
why do some believe there is no such thing as a natural disaster?
the interaction between many severe risks is predictable and understandable.
what does inequality shape?
shapes the distribution of effects and affects the outcomes.
what does global warming and urbanization show in coastal regions?
financial shock, recessions undermine livelihood, economic shocks, and changes, undermining livelihood.
what is the risk of poverty?
being born in the wrong place, risk of place of birth is a very high risk.
what counts as extreme poverty?
1.9 dollars to spend a day.
how many people live in extreme poverty?
750 million
which country has declined the most in extreme poverty?
East Asia and Pacific
what are factors in shaping risk exposure?
wealth and living standards.
what are strong links to other poverty dimensions?
clean water, sanitation, education, housing, disease.
why are the poor more valuable?
they are totally dependent on natural resources.
what is resilience to do with the poor?
how they come back up from a shock or natural disaster.
why does inequality lower resilience?
as they don’t trust the government, there is a lack of trust and hence social networks can hinder resilience.
why might inequality be beneficial?
if it can encourage economic growth. absolute level of income is one key to understand vulnerability and resilience.