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North and South
The Globe divides with two sides?
Latin
Word that divides the northern and southern part of America
Cold war
The origin of the globally dividing countries into the North to South divides was introduced during?
The North
are those countries that are above the South 30 degree North
The South
is a geographical convenience based on the fact that most of the Poor World lies south of latitude 30 degree North (except Australia and New Zealand)
origin of the global divides
fundamental reasons or root causes behind the existing disparities and inequalities between different regions, countries, and populations around the world
global divides
referred to as global inequalities or disparities, have complex and multifaceted origins
Historical Factors
Colonialism, imperialism, and the exploitation of resources in the past have left a lasting impact on global economic and social structures
Economic System
global economic system, including trade policies, investment patterns, and financial institutions, can perpetuate inequalities. For example, trade imbalances, debt burdens, and unequal access to global markets can widen the gap between
Technology and Education
Disparities in access to technology and education contribute to global divides.
Environmental Factors
Climate change and environmental degradation can disproportionately affect certain regions, exacerbating existing inequalities
Governance and Corruption
Effective governance, transparency, and the rule of law are essential for equitable development. Corruption and weak governance can hinder progress and perpetuate inequality.
Globalization
Unequal access to global markets and the concentration of economic power in multinational corporations can widen the gap between rich and poor nations.
Ireland
Luxembourg
Singapore
Qatar
Macao SAR
UAE
Switzerland
Norway
USA
San Marino
World Richest Countries 2023
South Sudan
Burundi
Central African Republic
Somalia
Democratic Republic of Congo
Mozambique
Niger
Malawi
Chad
Liberia
World’s Poorest Countries 2023
Social Factor
Societal divisions, such as gender, race, ethnicity, and religion, contribute to global divides. Discrimination, prejudice, and social exclusion based on these factors can limit access to education, healthcare, employment, and other opportunities.
Environmental Factors
Natural Resources
Historical
Socio Economic
Globalization
Lack of Trade
Abundance of Debt
Neo-Colonialism
Lack of Aid
Reason for Developing Gap
Global North
refers developed countries to in economically the northern hemisphere, characterized by high living standards and advanced technology
Global South
First World
Capitalists/economists
all industrialized, democratic countries
Second World
Communists/economists
anchored on the industrialized communist realm of the Soviet Union
Third World
This refers to the countries that did not belong to either type of formal economies.
INDICATORS:
They were the former colonies
Describe as the poor countries
Was defined as non-aligned world
Regionalization
involves the division of large areas into smaller regions
creates definable units for analysis, and regionalism seeks to strengthen governance and mutual support
Regionalism
aims to foster cooperation, identity, and shared goals among regions, often resulting in agreements and collaborations to improve resource allocation, extends beyond geography
Economic Integration
Many Asian countries have established regional economic organizations
1. Trade
2. Similar Culture
3. Mutual Benefit
three (3) factors leading to greater integration of the Asian region
Foreign Direct Investment
FDI means?