Theme 6 Flashcards

(26 cards)

1
Q

Who found developement gap 1980?

A

Willy Brandt, 1980

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2
Q

Brandt line show?

A
  • Global north (wealthy) + australia

North south divide

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3
Q

Ways of measuring wealth inequality?

A

-GDP
-GNI per person
-Poverty line (% earning less than a certain amount per day)

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4
Q

World bank set poverty line at?

A

-$1.90 a day

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5
Q

Limits of GNI per person

A

-Average not spread or money inequality
-Malawi ($225) some make millions
-Also living costs e.g food is cheaper in some countries

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6
Q

What is PPP?

A

-GNI per person factoring living expenses per country
-E.g Malawi GNI $225
-PPP $780 (prices there r cheap)

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7
Q

Rich vs poor stats?

A

-2016
-Richest 62 wealth=
-Poorest 3.5 billion

wealth unevenly distributed

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8
Q

What is the continuum of economic development?

A

-High income ($12,736+)
-Upper middle ($4,126+)
-Lower Middle ($1026+)
-Low income (less)

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9
Q

What shows Brandt line not right?

A

-NIC india
-Higher GDP than Britain
-India 3.6 trillion
-Britain 3.4 trillion

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10
Q

How has development closed?

A

-MNC (multinational companies)

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11
Q

MNC examples

A

-Tata (steel) Mumbai (100 countries employed)
- Factories in inda (22% of all jobs)
- Ikea, Samsung + Siemens all have factories in india recently

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12
Q

How has Brandt line not changed?

A

-Malawi LIC southern Africa
-Landlocked + relies on tea trade
-But imports high value oil

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13
Q

What is globalisation?

A

-Free flow of goods, people, money and ideas
-E.g Avacodas from Mexico to Uk

interdependance

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14
Q

How have countries benefitted from globalisation?

A

-1990s offered cheap labour
-Manufactered
-Immigration (send money home)
-Bollywood (Mumbai) over 1,000 films in 2013

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15
Q

China companies rank 2008 vs 2015

Forbes 2000 companies list

A

-2008 4th
-2015 2nd (232) companies

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16
Q

How MNC help country

A

-Cheaper labour (lower living costs)
-Products sold cheaper
-Stimulates local economy wth jobs

17
Q

Why NIC emergind so quickly?

A

-Bangladesh GDP growth rate 4.8%
-High population (china, india, indonesia and Brazil make up 40% of population)
-MNC’s

18
Q

Bangladesh clothing industry 2014 stats?

A

-Employed 5.5 million
-$28 billion GNI

19
Q

What makes NIC’s?

A

Foriegn direct investment

MNC’s

20
Q

MNC’s why?

A

Bangladash wages 95% lower than EU or USA

21
Q

What does GNI affect?

can be used to measure.countries wealth

A

-Life expectancy
-Literary rates
-Infant mortality wates

invest in own country —> HDI

22
Q

Bangladesh HDI improvement 2000 vs 2014?

23
Q

Economic impacts:

Bangladesh

A

-Poverty means worse working conditions + longer hours
-Deliberatly employ women (paid less)
-Bangladesh laws children 14+ can work
-12 hour work day
-Living wage £160 month, but earn £25 a month

24
Q

Poverty rate down from 1971?

Bangladesh

25
Environmental impacts?
-Less strict environmental laws (cheaper) -Waste water in open drains and ditches -Poor construction (2013 building collapse)
26
Building collapse 2013? | Bangladesh
-Rana Plaza collapse -Killed 1,100 people | factory workers