Reducing Global Inequalities Flashcards

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1
Q

Which charity is trying to stop the high loan repayments?

A

Drop the Debt

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2
Q

What’s a conservation swap?

A

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

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3
Q

What’s a trade bloc?

A

Countries join together to receive economic benefits as they trade freely with eachother
ie no taxes, no quotas

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4
Q

What’s Fair Trade?

A

An international movement ensuring producers in LICs get a fair deal as they receive a guaranteed price for their crop- giving them security

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5
Q

Short-Term Aid

A

Keeps people alive, and allows the recipient countries to cope with emergencies

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6
Q

Long-Term Aid

A

Helps recipient countries become more developed

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7
Q

Bi Lateral Aid

A

Aid between 2 countries

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8
Q

Multilateral Aid

A

Lots of countries pay money into a pot and distribute it to where it’s most needed

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9
Q

Non-Government Organisations

A

Charities that use donated money to help provide aid

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10
Q

Advantages of short-term aid

A

Immediate- more will survive, easy

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11
Q

Advantages of long-term aid

A

Recipient less reliant on foreign aid (but still reliant on donor country), builds trade links, develops infrastructure- improving quality of life

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12
Q

Advantages of bi lateral aid

A

Improves quality of life, trade links

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13
Q

Advantages of multilateral aid

A

Focuses on relieving suffering, caused by conflict or natural disaster

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14
Q

Advantages of charities

A

Target small-scale community projects, send trained people to help

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15
Q

Disadvantages of short-term aid

A

Doesn’t help the development of a country, become reliant on aid

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16
Q

Disadvantages of long-term aid

A

Takes a while for the community to benefit ie hospitals need to be built, may not reach the poorest

17
Q

Disadvantages of bi lateral aid

A

Tied aid- have to buy donor’s products which is expensive and reduces development

18
Q

Disadvantages of multilateral aid

A

Doesn’t remove the root causes of poverty

19
Q

Disadvantages of charities

A

Still mainly funded by governments, relies on donations

20
Q

Reasons why we should give aid

A

Improves health, as it provides primary healthcare like vaccines- people aren’t ill so get jobs, improving the local economy
Can help increase yields of local crops, feeding rapidly growing populations, farmers can sell excess, increasing income

21
Q

Reasons why we shouldn’t give aid

A

Not all money spent on the poor who need it, ie India and their £ billion space project
Not all countries need the aid
Giving clothes reduces the economy as people don’t buy from shops, causing them to close down, increasing unemployment, reducing incomes

22
Q

Aid from the bottom up

A

Aid goes to the poor who need it, meaning that local economies benefit first, and it gradually helps the rest of the country

23
Q

Advantages of bottom up aid

A

Local people are involved in Bottom up aid and projects are democratic
Less money is lost to corruption
Projects tend to be more sustainable

24
Q

Disadvantages of bottom up aid

A

Less reliable, in times of recession people give less to charities.
Often lacks coordination, with many charities competing in the same areas, so is therefore inefficient in delivering whole sale change to countries and regions

25
Q

Top Down Aid

A

Money is given to the government to invest it where it’s needed

26
Q

Advantages of top down aid

A

Projects aim to solve large scale problems in a recipient country so are well coordinated and backed by money
Large scale projects such as dams and superhighways improve the national infrastructure for the majority of people

27
Q

Disadvantages of top down aid

A

Big projects are capital intensive and poor countries may have to add more money to the aid given to ensure that the projects are completed.
Large scale projects are often part of TIED aid, where the LEDC has to either pay back loans or allow richer countries access to its resources.
Projects often less sustainable, consuming large amounts of time, land and resources

28
Q

Sustainable Scheme

A

Meets the needs of today’s generation without compromising the needs of future generations