Reducing Global Inequalities Flashcards
Which charity is trying to stop the high loan repayments?
Drop the Debt
What’s a conservation swap?
Rich countries and organisations pay part of a poor country’s loan, as long as the money saved is used to protect important areas and enhance biodiversity
What’s a trade bloc?
Countries join together to receive economic benefits as they trade freely with eachother
ie no taxes, no quotas
What’s Fair Trade?
An international movement ensuring producers in LICs get a fair deal as they receive a guaranteed price for their crop- giving them security
Short-Term Aid
Keeps people alive, and allows the recipient countries to cope with emergencies
Long-Term Aid
Helps recipient countries become more developed
Bi Lateral Aid
Aid between 2 countries
Multilateral Aid
Lots of countries pay money into a pot and distribute it to where it’s most needed
Non-Government Organisations
Charities that use donated money to help provide aid
Advantages of short-term aid
Immediate- more will survive, easy
Advantages of long-term aid
Recipient less reliant on foreign aid (but still reliant on donor country), builds trade links, develops infrastructure- improving quality of life
Advantages of bi lateral aid
Improves quality of life, trade links
Advantages of multilateral aid
Focuses on relieving suffering, caused by conflict or natural disaster
Advantages of charities
Target small-scale community projects, send trained people to help
Disadvantages of short-term aid
Doesn’t help the development of a country, become reliant on aid