L1 | Global Divides: North & South

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16 Terms

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Third World

A term that started purely as a Cold War label for countries that refused to pick a side between the US and the Soviet Union. It defined these nations only by what they lacked, inaccurately hiding the real, structural reasons behind their economic struggles.

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Global South

A much more accurate and respectful term today. Instead of blaming countries for being "underdeveloped," it points out the rigged systems they all fight against, such as the lasting damage of colonialism, unfair global trade, and endless debt.

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Global Divides (North & South)

The divide is not merely geographical, but the result of deliberately structured economic systems designed to exploit developing nations (through colonialism, unfair trade, and debt).

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South-South Cooperation

Alliances formed by Global South nations (like UNASUR and ALBA) to reduce external dependencies and challenge the dominance of the Global North.

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Bandung Conference (1955)

A gathering of leaders from newly independent Asian and African nations to officially reject Western economic exploitation. It marked the birth of unified "Third World" solidarity, realizing that political freedom meant nothing without true economic independence.


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Brandt Commission (1980)

Officially introduced the "North-South divide" to the world stage. It warned that treating the South as a charity case was failing and demanded a complete restructuring of the rigged global economy.

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Latin America (1982) / Neocolonial Debt

In 1982, Mexico defaulted on its foreign debt, triggering a massive economic collapse. Northern-controlled financial institutions offered bailouts but forced nations to gut social safety nets and privatize resources, hardwiring the Global South into a permanent cycle of neocolonial debt.

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Economic Dependency

Latin America's primary struggle, driven by a heavy reliance on exporting raw materials and agricultural products (low market value / high vulnerability) while importing manufactured goods and technology (high costs / economic drain).

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Import Substitution Industrialization (ISI)

An internal growth strategy adopted by Latin American countries to reduce economic dependency on foreign markets.

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Pink Tide

The rise of populist and leftist governments (e.g., Venezuela, Bolivia, Ecuador) that explicitly challenged neoliberal policies advocated by international financial institutions.

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Core Pillars of Resistance

The goals of the Pink Tide, which include asserting greater sovereign control over natural resources, redistributing wealth to address social justice, and advancing indigenous rights and anti-imperialist platforms.

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Bolivarian Revolution (1998)

A specific political movement highlighted in the presentation (associated with Hugo Chávez in Venezuela) that is part of the broader Pink Tide.

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UNASUR (Union of South American Nations)

An intergovernmental platform to coordinate political dialogue, social inclusion, and regional security.

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Anti-Neoliberal

prioritizing social welfare over profit

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Solidarity Trade

bartering resources to bypass traditional markets

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Regional Autonomy

reducing U.S. dollar reliance