North South Divide Flashcards
1
Q
What is the north south divide
A
Introduced in Brandt report in 1980
Categorize countries on basis of socio economic development level
2
Q
Is it useful today
A
No, became outdated through millennium development goals by the UN
3
Q
Give Examples of south south aid
A
G20
OPEC
4
Q
What is the G8
A
Consists of the most powerful countries in the world
5
Q
What are positives of the north south divide for SA
A
Access or world markets
Trade opportunities
Demand for skilled labour … salary increase
6
Q
What are negatives due to north south divide for SA
A
Low FDI
increase gap between rich and poor
Difficult to compete in world markets due to barriers and subsides
