The Development Gap Flashcards

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0
Q

Development measure (indicator)

A

Statistics used to show level of development which allows countries to be compared

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1
Q

Development

A

(Usually) positive change in a country’s economic, social and political circumstances

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2
Q

GDP/Capita

A

Gross Domestic Product: the total value of the goods and services produced in a country in a year, divided by it’s population (this aids comparison between countries). It gives a sense of the economic development of a country

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3
Q

GNI/Capita

A

Gross National Income - GDP/Capita but GNI includes money wasn’t overseas eg. through TNCs or remittance

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4
Q

Death rate

A

The number of deaths per 1000 of population per year. Less useful as a development indicator as death rates are high for both very poor and very rich countries

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5
Q

Birth rate

A

The number of births per 1000 of population per year. Low birth rates are typical of more developed countries

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6
Q

Adult literacy

A

The percentage of adult population that can read and write. Higher in developed countries

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7
Q

Infant mortality

A

Number of children that die before they reach 1st birthday per 1000 of population. Lower in developed economies

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8
Q

Human development index (HDI)

A

Development indicator combing GDP/Capita (PPP), life expectancy, adult literacy and number of years of schooling. Highest value possible = 1

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9
Q

Correlation

A

Relationship. Can be seen on scatter graphs when two development indicator variables are compared. Can be positive or negative

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10
Q

Standard of living

A

Concerns how much money and material possessions people have. Can be measured in GNI/Capita

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11
Q

Quality of life

A

Concerns whether people are happy with their lives - this may be he case I’d they have good incomes, health, education, clean environment, community links, family ties etc. can be partly measured by HDI but includes other data

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12
Q

Debt relief

A

Forgiving a debt, in part or in total, by one country to another

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13
Q

Conservation swaps

A

A type of debit relief where he lending country exchanges the debt to encourage environmental protection

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14
Q

Trade

A

The exchange of goods and services between countries

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15
Q

Exports

A

Goods and services sold by a country

16
Q

Imports

A

Goods and services bought by a country

17
Q

Trade balance

A

Difference between value of a country’s imports and exports

18
Q

Trade surplus

A

Occurs when a country’s exports exceed value of it’s imports

19
Q

Trade deficit

A

Occurs when a country’s imports exceed value of it’s exports

20
Q

Trade grouping

A

Where several countries get together for he purpose of trying to increase the volume and value of trade eg. The European Union (EU) and the North American Free Trade Association (NAFTA)

21
Q

Tariffs

A

Taxes paid on imports into a country. Usually put in place to protect the value of home produced goods

22
Q

Quotas

A

A limit on amount/volume of goods that can be imported

23
Q

Free trade

A

Where trade between countries is not restricted by any tariffs or quotas - eg. Trade within the EU

24
Q

Fair trade

A

A system whereby agricultural producers in less developed nations are paid fair (often higher price than market price) for the goods they produce. The extra cost is passed onto consumers

25
Q

Shot term aid

A

Aid given to relieve a disaster situation eg. food, shelter etc.

26
Q

Long term aid

A

Aid given over a long period to encourage development of country

27
Q

Donor country

A

Country giving aid to another country

28
Q

Receiving country

A

Country receiving aid from another country

29
Q

Bilateral aid

A

Aid given directly from one country to another - it may be “tied” to include trade and business agreements

30
Q

Multilateral aid

A

Where a number of richer nations give money to bodies such as he IMF or the world bank and this money is then distributed to countries to those who are less developed

31
Q

Top down aid

A

Aid given to governments so they can decide how the money is spent - ideal for large infrastructure projects etc. can lead to corruption or misuse if the money

32
Q

Bottom up aid

A

Aid given directly to communities, often through NGOs (non governmental organisations) for essential needs such as water supply

33
Q

Economic periphery

A

The edge of a country or region in terms of economics - a less well developed area eg. Eastern Europe in the EU

34
Q

Economic core

A

The centre of a country or region in terms of economics - a more developed area eg. Germany, France, UK in EU

35
Q

Sustainable development

A

Development which allows economic growth to occur and continue without harm to the environment or communities. It will benefit people alive today and does not negatively affect future generations ability to benefit.