Globalisation- Enquiry Q3

Question 1

Economic Indicators of Development

x3

Answer 1

Income per capita
Can be misleading as the average is brought up by big earners, even though they don’t represent the majority

GDP
Illegal and unregistered workers in the informal market are not registered or factored in
Does factor in cost of living

Economic Sector Balance
Calculates the contribution that different economic sectors make to the overall economy

Question 2

Composite indicators of development

x2

Answer 2

Human Development Index
Includes economic and social data, gives a score between 0 and 1
Wide divergence within a country by region. Reflects long-term changes (Life expectancy), not short term
Does not account for how GNI is spent

Gender Inequality Index
Measures gender inequality in relation to:
Reproductive health, empowerment & labour force participation

Question 3

Environmental Indicators (x2)

Answer 3

Air Pollution Data
Improves in the transition between industrial and post-industrial economies

Environmental Performance Index
Quality of ain both indoors and outdoors

Question 4

What is the Gini co-efficient?

Answer 4

A measure of the inequality of the distribution of wealth .
Measures the area between ther line of absolute equality and any given regions Lorenz Curve (True distribution of wealth among percentages of the population)
Expressed as a percentage

Question 5

Environmental Winners and Losers

Answer 5

40% of earth’s terrestrial surface is productive agricultural land
Agribusiness penetrates deeply into many of the world’s poorest regions
Intensive cash-cropping, cattle-ranching and aquaculture causes ground water depletion to the removal of mangrove forests

Question 6

Define to term “Three Speed World”

Answer 6

The rate of development across the globe can be divided into that of developing, emerging and developed countries. Though globalisation and development is occuring practically everywhere, its rate varies.

Question 7

Political Tensions Caused by Globalisation

Answer 7

Open borders in the EU accelerate cultural change
Post-accession migration (Moving to UK+Ireland after a country joins EU)
TNC say immigration laws in the UK are too strict and so they do not put their European base in London, others think the opposite and want stricter immigration rules
Growth of Nationalist parties in EU

Question 8

Define a Circular Economy

Answer 8

An alternative to a linear economy, in which we keep resources in use for as long as possible, extract the maximum value from them whilst in use, then recover and regenerate products and materials at the end of their life