LEDS Flashcards
Human Geography
Define: Neo- Colonialism
A further development of capitalism that enables capitalist powers (both nations and corporations) to dominate subject nations through the operations of international capitalism
How does Governance effect countries
Nations with stable governments and low corruption levels attract more investment and foster economic growth.
Switzerland, known for its stable political environment and strong institutions maintains a GDP per capita exceeding $65,000
Corruption Perception Index (Tranparency’s)
Ranks countries based on the perceived levels of public sector corruption. Denmark and New Zealand rank high whilst Somalia and Sudan rank lowest - underscoring the importance of good government in development
What is the difference between EU and the Eurozone
Although all countries in the EU are part of the economic and monetary union (EMU) 20 of them replaced their national currency with a single currency - the Euro
What is Kenya’s Vision Policy 2030
The Kenya Vision 2030 aims to transform Kenya into a newly industrializing, middle-income country providing a high quality of life to all its citizens by 2030 in a clean and secure environment.
What is the Standard Gauge Railway (SGR)
Opened in 2017 and built using Chinese loans - the aim was to link Nairobi to Mombassa. China’s serving loans were in the region of 4.7 billion dollars