unit 7

Tariff

taxes imposed by goverments on imported goods

Human Development Index

Measures lvl of development from 0-1 in a country, based on three factors: Decent standards of living, Long/Healthy life, Access to knowldge

Inequality HDI

Human Development Index accounting/adjusted for inequality. Ideally IHDI and HDI would be the same (which means no unequality) but there isn’t.

Inequality HDI examples

Standard of living, Access to education, Access to Healthcare, Acess to Employement

Wallersteins Core Theory

Believes in a global economy, High developed countries are the ”core” and lesser developed countries are on the edge. Edge countries depend on the core to develop.

Dependency theory

Argues that lesser developed countries are not a natural state, but rather a created condition caused by improper integration into an economy dominated by the core. (aka unfair options)

Gender Inequality Index

Measures gap between 3 things: Reproductive health, empowerment, participation in labor market. The closer to 1 = BAD.
(Reproductive health is the biggest swayer)

Gender Development Index

Gender gap in: Life expectancy, Income, Education
(0-1. Closer to 1 = GOOD)