Global Polotics: Development

Vocab and more for DP Global politics

Globalization

The process by which businesses, cultures, and economies become interconnected and interdependent on a global scale, is often driven by trade, technology, and communication.

Inequality

refers to the unequal distribution of resources, opportunities, and privileges within a society or between different societies. It can manifest in various forms, including economic, social, and political disparities.

Sustainability

The ability to meet present needs without compromising the ability of future generations to meet their own needs, often involving environmental, economic, and social considerations.

Development

The process of improving the economic, social, and political conditions of a country or region, aiming to enhance the quality of life and well-being of its population.

Maslows hierchy of needs

A psychological theory proposing that human motivations are organized in a hierarchy, starting from basic physical needs to higher-level psychological and self-fulfillment needs.

Human development

Enriching a populations overall quality of life. Enhancing Human capabilities, and People’s freedoms and opportunities.

Economic Development

Economic growth is an increase in productivity and revenue. Involves innovation, diverse economy sectors (can include regions).

Socio-Political development

Social Growth, for social issues, gender equality, education, voting. Democratic and responsible governments, little to no corruption.

Environmental Development

Reducing factors that threaten the environment, taking steps to create housing, income and other stability.

Gross Domestic Product (GDP)

Measure value of all goods and services in a nation - Commonly used to gauge development

Human Development Index

based on life expectancy, education and per capita income

Genuine Progress Indicator (GPI)

Full account of wellbeing, Environmental pollutants, carbon footprints, poverty rates and home costs.

Inclusive Wealth Index

Value of all assets in a nation- Asses being human, social, political, natural and public capital.

Happy Planet Index

Human wellbeing, and environmental impact. - Critics say that Happiness can be defined differently its not universal

Gini Coefficient

Represents income inequality, how equal or unequal society’s are. Measuring the gap between the rich and the poor

Globalization

The process where businesses, cultures, and economies interconnect globally, driven by trade, technology, and communication.

Poor Management

Government are inept at managing infrastructure

Corruption

Goes beyond crooked police or immoral politicians - government is going in the wrong direction

Instability

Government failed and development is not moving forward - can be all out violence or war