Unit 4 Aos 1 Flashcards
A limitation of GNI
It does not reflect any inequality in income distribution within a country
A low-income country as defined by its GNI
Below US$1026 per capita
A middle-income country as defined by its GNI
Income between US $1026 - US $12,375 per capita
A High-income country as defined by its GNI
Above US$12,375 per capita
Characteristics of low-income countries
- Lack of social support (e.g. welfare)
- Low levels of education
- High population growth
- Poor sanitation
- Poor healthcare
- Less infrastructure
Characteristics of middle-income countries
Characteristics vary:
* If on the lower end of income, countries tend to reflect low income country characteristics
* If on the higher end of income, countries tend to reflect high income country characteristics
Remember that middle income is attempting to progress towards high income, but not there yet. Also biggest portion of double BOD
Characteristics of high-income countries
- Availability of social support services
- Higher level of education
- Lower population growth
- Access to improved sanitation
- Higher agricultural productivity
- Improved food security
- Access to healthcare
- Improved infrastructure
Economic characterstics
- Level of debt
- Income
- Trade opportunities
- Poverty
- Welfare support
- Industry
Environmental characteristics
- Infrastructure
- Access to clean water
- Access to improved sanitation
- Access to food
- Agricultural productivity
- Energy use
- Resource use
Social characteristics
- Social support
- Employment
- Birth rates
- Education levels
- Healthcare system
- Access to technology
- Legal and political systems
- Living standards
- Social justice
List the three dimensions of sustainability
Economic, environmental, and social sustainability
Economic sustainability
The efficient and responsible use of available resources to ensure that all financial obligations over time can be met.
Provide three examples of what achieving economic sustainability looks like.
Managing debt, increasing incomes, and building opportunities for employment.
Environmental sustainability
Making decisions and implementing practices that minimize the degradation of the planet and having an awareness of natural resources and fragility of the physical environment.
Provide three examples of what achieving environmental sustainability looks like..
Responsible development of infrastructure, responsible use of non-renewable resources and energy, and reducing emissions and pollution.
Social sustainability
Equitably meeting and promoting the needs of all people now and in the future.
Provide three examples of what achieving social sustainability looks like..
Strong social justice, development of legal and political systems, and social support systems
List the 3 dimensions, and the 4 indicators of HDI they are measured by
A long and healthy life: life expectancy at birth
Being knowledgeable: mean years of schooling, and expected years of schooling
A decent standard of living: GNI per capita
Describe advantages of the HDI
- Provide relationship of income and wellbeing
- Provide accurate indication of levels of human development
- Clear evaluations can be made
Describe disadvantages of the HDI
- Not all countries around the world able to receive a ranking
- Estimates are made if data is not available/missing
- Doesn’t include gender, income inequality, human rights, freedom etc.
Human development
The creation of an environment in which people can develop to their full potential and lead productive, creative lives in accord with their needs and interests.