CHAPTER 4: GLOBAL NORTH VS. GLOBAL SOUTH

Refers to developed societies of Europe and North America, which are characterized by established democracy, wealth, technological advancement, political stability, aging population, zero population growth, and dominance of world trade and politics

Global North

Refer to what may be called the “Third World Countries” or the less developed countries and less developed regions

Global South

Considered as the high income countries such as Norway, Australia, New Zealand, Canada, US, Belgium, Iceland, Japan, Sweden, and Netherlands

Global North

Is referring to less developed countries characterized by low level of economic development, large inequalities in living standards and low life expectancy (Asia, Africa, Latin America, Oceania)

Global South

A socio-economic and political division of Earth popularized in the late 20th century and early 21st century

North-South Divide

A visual depiction of the north-south divide, proposed by West German former Chancellor Willy Brandt in the 1980s

Brandt Line

It encircles the world at a latitude of approximately 30 degree North, passing between North and Central America, north of Africa and the Middle East, climbing north over China and Mongolia, but dipping south so as to include Australia and New Zealand in the “Rich North”

Brandt Line

Primary factor used to distinguish developed countries from developing countries

Gross Domestic Product (GDP)

A tally of all the goods and services produced in a country in one year

Gross Domestic Product (GDP)

Developed Countries

1) Australia

2) Canada

3) France

4) Germany

A developed country with a per capita GDP of a $49,144

Australia

A developed country which has a wealth of natural resources, including oil, gas, and coal

Canada

A developed country which boasts the world’s sixth-largest economy, with a per capita of $39,678

France

A developed country with its skilled labor force and a per capita GDP of $47,268

Germany

Becomes synonymous with economic development and industrialization

North

Represents the previously colonized countries which are in need of help in the form of international aid agendas

South

Refers to advancements in technology, a transition from an economy based largely on agriculture to one based on industry and an improvement in living standards

Economic Development

GNP

Gross National Product

The measure of a country’s wealth-the value of goods and services produced in a country plus those produced by native companies located abroad

Gross National Product (GNP)

GDP

Gross Domestic Product

The value of all goods and services produced (by locally owned and foreign owned businesses) in a country

Gross Domestic Product (GDP)

HDI

Human Development Index

Measure of people’s life expectancy, education, and income

Human Development Index (HDI)

LDC

Least Developed Country

Formerly known as a Third World Country-a country that is poorer than other countries

Least Developed Country (LDC)

NIC

Newly Industrialized Country

A country experiencing rapid economic development

Newly Industrialized Country (NIC)

HIPC

Highly Indebted Poor Country

Countries with the highest levels of poverty in the world

Highly Indebted Poor Country (HIPC)

Types of Region

1) Developed Region

2) Quickly Developing Countries

3) Least Developed Countries