MIDTERM CON Flashcards
(80 cards)
__________is the concept of a gap between the Global North and the Global South in terms of___________ and____________.
Global Divides
development
wealth
The North-south divide is a ___________ and __________ of earth popularized in the ______ 20th century and _________21st century
Socio-economic
Political division
Late
Early
The idea of ____________ ___________ began during the __________ with the classifications of East and west
Categorizing countries
Cold war
•____________ is a visual depiction of the north-south divide, proposed by______________ in the___________. It encircles the world at a__________ of approximately____________, passing between North and Central America, north of Africa and the Middle East, climbing north over China and Mongolia, but dipping south so as to include Australia and New Zealand in the__________
Brandt Line
“Rich North”.
West German former Chancellor Willy Brandt
1980s
latitude
30° North
Classifying countries In the 1980s, the ___________was developed as a way of showing the how the world was geographically split into relatively_________ and___________ na�ons.
Brandt Line
richer
poorer
According to this model: brandt line
___________countries are almost all located in the Northern
Hemisphere, with the excep�on of ________________
Richer
Australia and New Zealand.
Poorer countries are mostly located in____________ and in the Southern Hemisphere
tropical regions
However over �me it was realized that this view was too simplis�c. Countries such as_____________, ______________and____________ all have above global average GDP (PPP) per capita, yet still appear in
the ______________
Conversely, countries such as_________ appear to be now amongst a poorer set of countries by the same measure.
Argen�na, Malaysia, Botswana
Global South’.
Ukraine
The________________ (comprises one quarter of the world popula�on) refers to_____________of Europe and North America, which are characterized by established democracy, wealth, technological advancement, poli�cal stability, aging popula�on, zero popula�on growth and dominance of world trade and poli�cs.
developed socie�es
Global North
Despite very significant development_______ globally which have raised many millions of people out of absolute_______, there is substan�al evidence that inequality between the world’s richest and poorest countries is widening. In__________________ per capita income was three �mes bigger than Africa’s but by 2000 it was________ �mes as big.
In addi�on, in 2013,___________ reported that the richest_____ people in the world owned the same amount of wealth as the poorest half of the world’s popula�on.
gains
poverty
1820 western Europe’s
thirteen
Oxfam
85
Today the world is much more__________ than the Brandt Line depicts as many poorer countries have experienced significant economic and social development. However,___________ within countries has also been growing and some commentators now talk of a ‘Global North’ and a ‘Global South’ referring respectively to richer or poorer communities which are found both within and between countries. For example, whilst India is s�ll home to the largest concentra�on of poor people in a single na�on it also has a very sizable middle class and a very rich elite.
complex
inequality
There are many causes for these__________ including the availability of natural resources; different levels of health and educa�on; the nature of a country’s economy and its industrial sectors; interna�onal trading policies and access to markets; how countries are governed and interna�onal rela�onships between countries; conflict within and between countries; and a country’s vulnerability to natural hazards and climate change
inequali�es
The primary motivation of the desire to advance welfare in the region -
Asian Regionalism
The arrangement which led to the collapse of___________ and _____________and accelerating the downward spiral of economic activity was foremost in the mind of the architects of the__________ global economic system in which they adopted the principle of_________ as the central foundation of_____________
international trade
financial flows
post-ward
non discrimination
WTO and GATT
Many of the economist and policy makers remain skeptical about___________ because of its negative impact of Multilateral Trade and Financial System
regionalism
Asian countries are principally connected through________
market
Link the competitive strengths of its diverse economies in order to boost their productivity and sustain the region’s exceptional growth -
How can regionalism benefit Asia
Provide leadership to help sustain open global trade and financial systems -
How can regionalism benefit the world
Asia comprises several powerful countries and centers of economic activity, with many shared_________ priorities. At times, these differences are amplified by_________ and___________
economic
Politics
History
It is said that, the price of cooperation is the loss of some national____________ and the narrowing of policy options for pursuing purely national____________
sovereignty
Objectives
The center of gravity is shifting to
Asia
This is essential in addressing the challenges such as: rapid economic growth; citizens demand; and sustainable and inclusive Asia -
Regional Economic Cooperation
Most of the evidence assembled suggests that Asia will continue to have a fundamental stake to? -
Regional Integration and Global Integration
Regionalism benefit Asia by cooperating in setting exchange rate and macroeconomic policies in order to minimize the effects of global and regional shocks to which facilitates the: -
Resolution of Global Imbalances