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what is general development
sustained increase in standard of living of a society
what is maslows heiarchy of needs
progression from basic human needs upto self actualization
what is basic human needs
relationships and self esteem
what is self actualization
which refers to the fulfillment of potential and wishes in life
critique of maslows heiarchy
all basic needs should be equally important for a dignified life
human development
freedom of people and liberty
economic development
economic growth by increasing revenue
way to develop the economy
diversifying the economy into many sectors rather than relying on one main source for trade
socio-political development
social developments: gender equality
way to socially and politically develop
responsible impartial judicial system with low corruption
development as freedom
access to choice, emphasizing goals of development rather than methods
economic growth doesnt always = ___________________
development
ways to measure development
GDP, Gini coefficient, HDI, HPI
GDP
countries overall income, divided by inhabitants
problems with GDP
doesnt consider how wealth is dirtrubuted
Gini coefficient
how equal or unequal societies are, considering distribution of income
how is gini coefficient measured
difference between richest and poorest populations
HDI
data of life expectancy, education and income
Happy planet index
consideration of long term impacts on environment
modernization theory is a very _______ theory
old
what does the modernization theory state
countries can develop by imitating what developed countries do
what are the 5 stages of development
traditional societies, pre conditions for take off, take off, drive to maturity, high mass consumption
what does stage 1 of modernization theory refer to
societies are based on low technology and pre scientific values
what does stage 2 of modernization theory refer to
introduction of money, banking and scientific values
what does stage 3 of modernization theory refer to
encouraging economic growth
what does stage 4 of modernization theory refer to
standards are rising, poverty is decreasing
what does stage 5 of modernization theory refer to
wealth, international trade
qualities of the dependancy theory
>critiques modernization theory
>popular from 1960-1970
>roots in marxism (communism)
assumptions of dependency theory
1. underdeveloped countries are locked into a system of unequal global trade
2. world is divided into central and periphery: center = colonial powers + west periphery=newly independent, developing countries
3. hard for periphery to catch upto west as they base on exploitation
4. central wants to maintain unequal relationship
what have developed countries done to prevent succession of periphery
high tarrifs, overvaluation of currencies, subsidized industries for self sufficiency
when was neoliberalism implemented
1980's
critique of government interference
negative long term effects, creating sudden economic growth that doesnt last
how to develop?
>encourage free enterprise (low restriction) so there is healthy competition and sustainable long term growth
>decrease healthcare expense and pension so people are encouraged to work
criticism of neoliberalism
>quality of life may decrease as education sector and healthcare is privately provided, and they aim to max profit
>corruption
>rich can just get richer and poor can just get poorer
consequences of neoliberalism
>lead to the making of structural adjustment project which is the lowering and removing of trade barriers.
>some countries were stronger and some were in stagnant inflation, crippling ling development
when was the washington consensus made
1990
what was the washington consensus' political stance
pro democracy
washington consensus' is a _______________ version of neoliberalism
lighter
what does the washington consensus emphasize
free market and intervention , strong institutions and good policies
what does the washington consensus do
finding balance between deregulation and accountable governance
what did washintgon consensus influence
sustainable development goals, millennium development goals
what is globalization
interaction and integration occurring between people, trading entities and governments of different nations
factors increasing globalization
increasing use of english, international trade, information technology and social media, cheap air travel, relaxation of visa rules and border control
economic globalization
increase in integration and interdependance of global economics
example of economic globalization
world trade organizations reducing barriers to entry between countries
political globalization
increase in global governance
example of political globalization
IGO and NGO such as the UN
cultural globalization
increase in sharing of ideas, meanings and values across the world
example of cultural globalization
global human rights and use of english
3 impacts of globalization
impact on states, impact on private groups, impact on culture
example of how globalization effects labour
german cars audi are now produced in mexico due to low labour costs
how are MNC's effected by globalization
increase in trade and investment opportunities
what is homogenization
increase in western culture around the world
what is hybridization
mixing of religious ideas and cultural norms
how is there less likelyness of violent conflict due to globalization (Japan-China Example)
japan and china have dependency on each other, china is one of japans largest export patterns and armed conflict would result in economic problems for both countries
advantages of globalization
economic growth, standard of living, can become more democratically open, cultural development
disadvantages of globalization
growing wealth gap, wage competition, regulation avoidance, homogenization
what is regulation avoidance
cooperations can locate factories in countries where regulations are less strict, leading to violation of rights
what is wage competition
competing with workers in other countries, placing pressure on wages
CASE STUDY- INDIA: standard of living and income inequalities
65% of indias population works in agriculture and provide more than half of the food in the indian economy, the globalization of the economy causes GDP to increase but the rich got richer and the poor got poorer
in what ways does globalization cause inequalities in standard of living?
decreased government regulation leading to the fall of wages
what is sustainability
capacity of countries and groups to maintain themselves by reducing factors that threaten wellbeing
three pillars of sustainability
economic sustainability, social sustainability, environmental sustainability
how does the economy become sustainable
reduce factors that threaten economic wellbeing
how to increase economic sustainability
creating opportunities, new technology, reducing tarrifs
what countries are in the global north
united states, canada, western europe, and developed parts of asia
characterizations of the north
high technology, low birth and death, high women empowerment, low population density
population density
amount of people in a geographical space
what countries are global south
africa, latin america, developing asia, middle east
characteristics of the global south
agriculture based economies, high birth and death rates, low levels of female empowerment, high population density, economic and political dependance on global north
ways of addressing the north-south divide
easing technology transfer, cancelling or rescheduling debts, increasing souths rep in global institutions, adressing food crisis, empowering women
social sustainablity
reducing factors that threaten human social wellbeing
increasing social sustainability
empower women, adress poverty, improve education and healthcare, reduce corruption, emphasis on social justice
how globalization helps in female empowerment
introduction of new ideas on roles of men and women, creation of new opportunities.
how many women work and how much income do they earn
70% of women do the worlds work but only earn 10% of the worlds income
achieving empowerment of women
education, challenging social norms and changing them, equal wage, allowing women to have positions of power
effect of women and social sustainability
20% increase in children survival, less corruption, women take control, low infection (hiv), early marriage
what is environmental sustainability
aim to reduce factors that threaten environmental wellbeing
what does environmental sustainability focus on
land use, atmosphere, food production, energy
ways of maximizing environmental sustainability
mimial energy, water, transport and waste production
the problem with development and environmental sustainability
more people follow a western lifestyle which has high waste production