Global trends in consumption Flashcards
what is meant by the “new global middle class”
The growth of the middle class demographic that causes an increase in: resource consumption, demand, and expectations of living
what has been the impact of the MDG around the world
- increase in global middle class
- 1965: total number of middle class was 732 million out of 3.3 billion
- 2030: estimated middle class will be 4.9 billion out of 8 billion people
define biocapacity
land and water to provide resources for humanity
define ecological footprint
hypothetical area of land required by a society, group or an individual to fufill all their resource needs and assimilate all their waste. Measured in global hectares (ha)
name 3 positives of increasing population
- rapid innovation -> boosts economy
- expansion of market size for goods
- Asia - 53% of global GDP in 2050
name 3 negatives of an increasing population
- higher waste disposal
- increased energy demand
- increase consumption of foreign goods can have disastrous environmental impacts (cattle rearing)
what is the distribution of biocapacity globally
- high biocapacity in rainforests, icier regions
- low biocapacity in desert areas -> MENA
what is the distribution of the ecological footprint globally
- high EF in HIC
- low EF in LIC
is a high ecological footprint bad or worse
- high ecological footprint is bad
do the trends of the growth of the middle class continue? + example
No
-> 1960s -> Brazil and S Korea experienced similar growth rates and income
-> 1980s -> Brazil’s middle class accounted for less than 30% of the population, and South Korea was more than 50% of to the population
-> due to South Korea’s growth over Brazil, it could diversify its economy away from export–consumption to domestic consumption
-> not all middle class has economic security. Many are on $4 incomes and remain vulnerable to unemployment, unemployment and informal jobs
factors used in full ecological footprint
- bioproductive land and sea
- energy land
- built land (urban)
- biodiversity land
- non-productive land
What is the global trend of the middle class
A huge shift in the middle class to Asia from Europe and North America:
-> estimated 400 million in the middle class by 2030 in most parts of Asia in especially: India, China, Indonesia
What is the water-food-energy Nexus concept?
Refers to the close link between these three sectors, and stresses the need for stewardship of these resources
What is an ecological creditor
An ecological creditor is a country with an ecological footprint lower than their carrying capacity.
what is ecological debtor
An ecological debtor is a country with an ecological footprint greater than their carrying capacity