Measuring The Devlopemmt Gap B/ + W/i Countries Flashcards
1 para
The development gap b/ countries have been narrowed due 2 the outsourcing + offshoring of TNCs to new developing regions such as Dhaka, Bangladesh which now have many more Job opportunities.
1 para - TNCs offer
These TNCs offer wages work in the secondary sector such as sweatshops in Dhaka + cause these cities to undergo industrialisation, stimulating economic growth.
This happens esp = Asia due 2 the shift of manufacturing towards countries e.g. China + Bangladesh.
This then leads to a narrower development gap b/ these countries as they undergo rapid economic development compared 2 developed countries who shift away from the manufacturing sector + may have a slower rate/economic growth.
2 para - however
Globalisation has also widened the development gap b/ countries. As high tech tertiary + quaternary jobs are focused in developed countries - e.g. the UK + USA + mass low wage offshoring is occurring in poorer countries e.g. Bangladesh which widens the income gap b/ these countries + the development gap as this causes a multiplier effect.
Also countries which TNCs don’t invest in remain isolated + undergo no development
Conc = para 1 + 2
Overall, globalisation is mostly widening the development gap b/ countries as it leads 2 rapid development in some countries but v. slow development in other countries which aren’t invested in + only low wage employment take place in poorer countries + high wage jobs in richer countries = widening the gap
Para 3 - development gap has narrowed w/i countries
The development gap has narrowed w/i countries as globalisation has lead 2 the migration of ppl into new regions, creating jobs = new areas + for workers of different skill sets.
Also = inc in government revenue due 2 increased taxpayers which can be used 2 develop + improve certain areas of a country that are less developed.
Para 3 - development gal has widened w/i countries due 2 investment = TNCs in certain urban cities
The development gal has widened w/i countries due 2 the investment = TNCs in certain urban cities of a country due 2 the investment of TNCs in certain urban cities of a country = leads 2 increased immigration 2 these areas in search 4 jobs + better quality of life.
E.g. Uk ppl migrate towards London + south east 4 high tech jobs from big companies e.g. O2 headquarters = Slough
Para 3 - development gal has widened w/i countries due 2 investment = inc pop
The inc pop in these areas which base 6.5% = south east from 2001-2011 has caused governments 2 invest more in these services + reduce restrictions e.g. creating SEZ 2 inc globalisation further + attract FDI.
Para 3 - development gal has widened w/i countries due 2 investment = what has happened w/ global shift due 2 manufacturing towards Asia
Due 2 the global shift of manufacturing towards Asia certain towns = Scunthorpe in England undergoes deindustrialisation which stunts development due 2 lack of economic growth + migration outwards towards cities.
Overall = the development gap has widened w/i countries
Conclusion
In conc = globalisation is only narrowing the development gap a bit b/ countries but is mostly widening the development gap w/i + b/ countries creating divides b/ richer + poorer countries + rural + urban areas.
