Understanding Global Divides and Demographic Transitions

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Last updated 3:34 PM on 12/2/24
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306 Terms

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Purchasing Power Parity

Adjustment accounting for cost of living differences.

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Life Expectancy

Average years a person is expected to live.

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Under-5 Mortality Rate

Number of deaths of children under five per 1,000 live births.

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Literacy Rate

Percentage of adults who can read and write.

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Brandt Report

1980s report analyzing global economic disparities.

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Brandt Line

Geographical division indicating wealth disparity globally.

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Globalization

Process increasing global interconnectedness and interdependence.

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Global Divide

Economic gap between rich and poor nations.

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Human Development Index (HDI)

Measure ranking countries by income, health, and education.

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Gross National Income (GNI)

Total income produced within a country, per capita.

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Global North

Term for wealthy, industrialized countries.

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Global South

Term for poorer, developing countries.

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Third World

Outdated term for less economically developed countries.

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Economic Capability

Nation's ability to produce and consume goods.

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Social Gaps

Disparities in wealth and quality of life.

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United Nations Development Program (UNDP)

Agency focused on global development and poverty reduction.

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Income Inequality

Uneven distribution of income across a population.

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Decolonization

Process of former colonies gaining independence.

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Political Geographies

Spatial distribution of political power and resources.

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Cultural Marginalization

Exclusion of certain cultures from mainstream society.

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Economic Activism

Efforts to promote economic equity and justice.

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Geopolitical Relations

Interactions influenced by geographical and political factors.

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Statistical Formula

Mathematical expression used for data analysis.

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Measurement Errors

Mistakes in data collection affecting accuracy.

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Income of Richest 1%

Wealth equivalent to poorest half of the population.

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Combined Income of 25 Richest Americans

Equals income of poorest 2 billion globally.

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Under-nourishment Rate

Percentage of population lacking sufficient nutrition.

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Crude Birth Rate

Number of live births per 1,000 people per year.

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G8

Group of 8 Industrialized Nations including USA, Japan, Russia, Italy, United Kingdom, Germany, France, and Canada.

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G7

A group of seven nations formed in 1975 to resist the 1973 oil embargo by the Arabs.

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G20

A coalition formed in 1999 that includes nations such as Brazil, China, Saudi Arabia, and the European Union.

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Low Income Countries (LICs)

Countries with a Gross National Income per Capita of less than $976 in 2008.

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Middle Income Countries (MICs)

Countries with a Gross National Income per Capita between $976 and $11,906 in 2008.

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Upper Middle Income Countries

Countries with a Gross National Income per Capita of more than $11,906 in 2008.

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Top Ten HDI Countries (2019)

Countries ranked highest in HDI: Norway, Switzerland, Ireland, Germany, Hong Kong, Australia, Iceland, Sweden, Singapore, Netherlands.

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Bottom Ten HDI Countries (2019)

Countries ranked lowest in HDI: Mozambique, Sierra Leone, Burkina Faso, Eritrea, Mali, Burundi, South Sudan, Chad, Central African Republic, Niger.

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Least Developed Countries

Countries designated by the United Nations that as of 2018 included 47 countries, primarily in Africa, Asia, and Oceania.

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Dependency Theory

Emphasizes how colonized territories became poor due to colonial relations, with economies oriented towards serving external demand.

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OECD

Organization for Economic Cooperation and Development, an assembly of 37 member states promoting economic growth and sustainable development.

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Global North Characteristics

Includes wealthy, industrialized nations, democratic and capitalist countries, and technologically advanced economies.

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Global South Characteristics

Comprised of poor countries, politically unstable, and lacking the right technology.

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World Bank Classification System

A classification system based on Gross National Income per Capita to categorize countries into LICs, MICs, and Upper Middle Income.

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UN Human Development Indicators

Indicators including life expectancy, health profile, education, and political participation used to assess human development.

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Difference between Global South and Third World

Global South is a modern term replacing Third World, which referred to non-alignment during the Cold War.

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Bandung Conference

A 1955 meeting in Indonesia where leaders of newly independent countries formed a non-aligned movement.

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Economic Vulnerability Criteria

Criteria for Least Developed Countries including low income, low human capital, and high economic vulnerability.

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Population Distribution

The North holds 1/4 of the world population and controls 4/5 of the income, while the South holds 3/4 of the population and has access to 1/5 of the world income.

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Political and Economic Stability

The G7 and G8 are known as major policy-makers capable of promoting or disrupting political and economic stability.

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Cold War

A period of geopolitical tension between the Soviet Union and the United States and their respective allies.

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Structuralism

Focus on capital accumulation reliance on external economies.

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Import-Substitution Industrialization

Policy to replace imports with local production.

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Buy Pinoy Products

Campaign promoting Filipino goods over imports.

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One Town, One Product

Philippine program promoting local town products.

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Modernization Theory

Societal progress linked to material goods production.

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Walt W. Rostow

Proponent of modernization theory in foreign policy.

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Realism

Pessimistic view of international power struggles.

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Niccolo Machiavelli

Philosopher influencing realist political thought.

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Thomas Hobbes

Philosopher known for views on human selfishness.

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Liberalism

Optimistic perspective promoting cooperation and peace.

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Immanuel Kant

Philosopher advocating for universal peace through cooperation.

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Marxism

Focus on economic power structures and inequalities.

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ASEAN

Regional organization formed to combat communism.

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APEC

Economic cooperation forum for Asia-Pacific nations.

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ASEAN Plus Three

Includes Japan, Korea, and China for regional cooperation.

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East Asian Summit

Regional forum including major powers USA and Russia.

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Cultural Homogeneity

Similar cultures may aid regional cooperation.

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Geographical Asia

Diverse region complicating cultural unity.

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Economic Interdependence

Mutual reliance among nations for trade.

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Bilateral Free Trade Agreements

Trade deals between two countries to reduce barriers.

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Resource Exploitation

Extraction of resources often harming local economies.

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Vietnam War

Conflict influencing U.S. foreign policy in Asia.

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Technocratic Style

Governance by technical experts in economic matters.

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Diversity in Asia

Variety of cultures presenting challenges for unity.

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Northeast Asian Countries

China, Japan, and Korea with dense economic networks.

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Regionalism

Political process for cooperation among regional countries.

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Regionalization

Societal integration within a specific geographical region.

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Economic Flows

Movement of goods and services across borders.

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Asian Development Bank

Institution aimed at promoting economic growth in Asia.

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Japan International Cooperation Agency

Agency providing economic grants and development assistance.

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Production Networks

Specialized production systems across different countries.

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Asian Bond

Financial instruments to promote regional economic integration.

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Oral Communication

Oldest medium facilitating human cooperation and trade.

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Script

First writing system enabling long-distance communication.

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Printing Press

Revolutionized information dissemination and cultural exchange.

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Electronic Media

Media requiring electricity, enhancing global communication.

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Market Integration

Facilitation of trade and economic activities across regions.

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Cultural Production

Creation and distribution of cultural goods and services.

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Global Citizenship

Ethical implications of belonging to a global community.

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Solidarity in Regionalism

Unity among member states for effective regional integration.

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Domestic Consumption Markets

Internal markets that many Asian nations underutilize.

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Global Integration

Interconnectedness of economies and cultures worldwide.

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Developmental Momentum

Strong drive towards regional cooperation and integration.

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Ethical Implications

Moral considerations arising from global interconnectedness.

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Cross-Continental Transactions

Trade and exchanges occurring between different continents.

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International Trade

Exchange of goods and services across national borders.

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Climate Change

Global environmental issue affecting all nations.

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Terrorism

Global security threat impacting international relations.

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Telegraph

Early electronic communication device transmitting messages quickly.

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Television

Powerful medium for global storytelling and connection.

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Digital Media

Media using digital codes for information representation.