Unit 4: Development Dilemmas Flashcards
Appropriate technology
Equipment that the local community is able to use relatively easily and without much cost.
Bottom up approach
Development projects that originate in local communities rather than central government or external agencies.
Brazil, Russia, India, China
The BRIC’s
Core Region
The most important social, political and economic area of a country or global region. The centre of power
Dependency Theory
A theory that suggests that the poorer countries of the world supply resources and therefore also wealth to the richer countries. This happens through an economic system that favours the developed country.
A great difference- e.g. between parts of a country in terms of wealth
Disparity
GDP
Gross Domestic Product- the total wealth created within a country divided by its population
A measure of development that uses four economic and social indicators to produce an index figure used to compare countries. It includes: life expectance, education (literacy levels), education (average length of schooling) and GDP per capita.
HDI (Human Development Index)
Millennium Development Goals
The development goals agreed by world governments at the UN summit in September 2000.
NIC
Newly Industrialising Country- Countries which experienced rapid economic growth during the second half of he 20th Century (e.g. Malaysia, Singapore)
Periphery
The outer limits or edge of an area, often remote or isolated from its core.
Poverty Cycle
A set of processes that keep a group or society in poverty
The estimated minimum level of income needed to meet a person’s basic needs- the World Bank considers this to be $1.25 per person per day
Poverty Line
PPP
(Purchasing Power Parity) Used worldwide to compare the income levels in different countries.
Corruption Perception Index
Devised to help investors work out where money would be safe. In corrupt countries invested money is likely to be used to bribe officials, purchase weapons etc.