Reducing Global Inequalities Flashcards
Which charity is trying to stop the high loan repayments?
Drop the Debt
What’s a conservation swap?
Rich countries and organisations pay part of a poor country’s loan, as long as the money saved is used to protect important areas and enhance biodiversity
What’s a trade bloc?
Countries join together to receive economic benefits as they trade freely with eachother
ie no taxes, no quotas
What’s Fair Trade?
An international movement ensuring producers in LICs get a fair deal as they receive a guaranteed price for their crop- giving them security
Short-Term Aid
Keeps people alive, and allows the recipient countries to cope with emergencies
Long-Term Aid
Helps recipient countries become more developed
Bi Lateral Aid
Aid between 2 countries
Multilateral Aid
Lots of countries pay money into a pot and distribute it to where it’s most needed
Non-Government Organisations
Charities that use donated money to help provide aid
Advantages of short-term aid
Immediate- more will survive, easy
Advantages of long-term aid
Recipient less reliant on foreign aid (but still reliant on donor country), builds trade links, develops infrastructure- improving quality of life
Advantages of bi lateral aid
Improves quality of life, trade links
Advantages of multilateral aid
Focuses on relieving suffering, caused by conflict or natural disaster
Advantages of charities
Target small-scale community projects, send trained people to help
Disadvantages of short-term aid
Doesn’t help the development of a country, become reliant on aid
Disadvantages of long-term aid
Takes a while for the community to benefit ie hospitals need to be built, may not reach the poorest
Disadvantages of bi lateral aid
Tied aid- have to buy donor’s products which is expensive and reduces development
Disadvantages of multilateral aid
Doesn’t remove the root causes of poverty
Disadvantages of charities
Still mainly funded by governments, relies on donations
Reasons why we should give aid
Improves health, as it provides primary healthcare like vaccines- people aren’t ill so get jobs, improving the local economy
Can help increase yields of local crops, feeding rapidly growing populations, farmers can sell excess, increasing income
Reasons why we shouldn’t give aid
Not all money spent on the poor who need it, ie India and their £ billion space project
Not all countries need the aid
Giving clothes reduces the economy as people don’t buy from shops, causing them to close down, increasing unemployment, reducing incomes
Aid from the bottom up
Aid goes to the poor who need it, meaning that local economies benefit first, and it gradually helps the rest of the country
Advantages of bottom up aid
Local people are involved in Bottom up aid and projects are democratic
Less money is lost to corruption
Projects tend to be more sustainable
Disadvantages of bottom up aid
Less reliable, in times of recession people give less to charities.
Often lacks coordination, with many charities competing in the same areas, so is therefore inefficient in delivering whole sale change to countries and regions
