Development Dynamics Flashcards
Life expectancy
Average number of years a person to live in a country
Measures of inequality
Measures how wealth is shared among a population (looking at top and bottom 10% of wealthiest and poorest)
HDI
UNs way of measuring development taking into account education (literacy rate), health (life expectancy) and money (GDP per capita)
Subsistence farmers
% of population who farm to live
Below poverty line
% of population who earn less than $1.25 a day
GDP per capita
Average income of a country divided by its population
Sanitation
% of population that have access to piped water within 1km
Literacy rate
% of population aged 15+ who can read and write
Birth rate
Number of births per 1000 people a year
Death rate
Number of deaths per 1000 people a year
PPP
Purchasing Power Parity - cost of living (how much GDP will buy)
Fertility rate
Average number of births per woman
Maternal mortality
Number of mothers per 100 000 who die in childbirth
Infant mortality
Number of children per 1000 who die before their first birthday
Corruptions Perceptions Index
Uses a scale (0: honest, 10: very corrupt) to measure corruption in a country
Gini coefficient
Measures the distribution of income and how it changes overtime. Ration between 0 (equal) and 1 (only one person has all the wealth)
Population pyramids
Show the population of a country by presenting the number of people in each age group based on gender
Income Quintiles
Five equal segments of the world representing the distribution of wealth (richest: 82.7% of all wealth, poorest: 1.4% of wealth)
What does Rostow’s Development Model show?
Overtime, a country will progress and develop into something better
What are the stages of Rostow’s model?
1) Traditional Society: primary jobs, subsistence farming, little trade
2) Pre-Conditions for Take Off: secondary jobs, powerful person like a president suggests trading, textiles, infrastructure
3) Take Off: open to trade, modernisation
4) Drive to Maturity: high tech jobs, modern technology, industrialisation
5) High Mass Consumption: tertiary/quaternary jobs, manufacturing, luxury goods and necessities
Drawbacks of Rostow’s model
Out of date, assumes all countries start as traditional societies, disregards resources and natural hazards that make the Take Off stage difficult
What does Frank’s Dependency Model show?
Countries all depend and rely on each other to develop
Drawbacks of Frank’s model
Out of date, disregards natural disasters lack of resources and conflict which limit development, assumes that the rich get richer and the poor get poorer
Globalisation
The process of the world becoming increasingly interconnected through the spread of people, ideas and money due to technology, trade and transport developments