Pathways to development

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28 Terms

1
Switzerland
________ has a high GDP per capita, and has the highest ranking for knowledge economy and world innovation ranking (it was 7 years in a row in 2017)
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2
Croatia
________- system of public consultation on laws, Denmark- MindLab, which was a cross- governmental innovation unit that is now into its second decade, it involves both citizens and businesses and is called a public innovation lab.
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3
Assumption of risk
________ and responsibility in designing and implementing a business strategy or starting a business.
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4
Trickle
________- down "effect, provides a good claim and counter claim paragraph.
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5
Nussbaum
________: basic capabilities of all humans: o Live a life of normal length o Good health, nutrition and shelter o Mobility to use senses, imagine, think, reason and have an education that nourishes these o Mobility to live for others and show concern for other humans o Mobility to laugh and enjoy recreation.
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6
Washington Consensus
________: Created wedges between reform and the realities of implementation.
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7
Skill
________ set required for sustainable citizenship: o Open interaction o System of inputs and feedback o Adding value in the form of ideas o Ability to adequately acquire support for government decisions o Ability to influence government decisions.
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8
Education
________ promotes sustainable development by encouraging the young to assume responsibility for the future.
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9
Modernisation theory o
________ Argues that through increased investment, increased exposure to modernised, Western society, and changes in traditional culture and values, societies will become more highly developed.
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10
Good health results
________ in better work and increased productivity o Also enables children to benefit from education o Good health care enables greater saving by individuals and families.
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11
Education empowers
________ citizens to make informed and better decisions.
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12
political dimensions of issues
Building citizenship skills: o Ability to scrutinise problems at the local and community levels (awareness + information) o Ability to recognise social, economic, ecological and ________ o Ability to participate in steps taken towards a sustainable future.
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13
World Bank Structural Adjustment Programme
________- reforms required prior to providing any loans.
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14
social aim
A(n) ________ is explicitly fulfilled or aimed to be fulfilled through the creation of a complementary currency Approaches to developing society.
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15
Washington Consensus
________ o 10 policy reforms originally targeted at Latin America to address economic instability  Tax reform  Trade liberalisation  De- regulation  Privatisation  Inward foreign direct investment o It was a level of agreement between the IMF, World Bank, and USA department of the treasury, on policy recommendations for developing countries o Operation of the free market and the reduction of state involvement were crucial to development in the global South.
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16
Marxist foundation o Structure of world economy  Unequal system of trade  Core (industrialised countries)

periphery (developing countries) -Core exploits periphery + has interest in maintaining this imbalance o Evidence

  • Developing countries

  • High tariffs (tax) to protect industries (often on imports)

  • Overvalued currencies which made importation of inputs cheaper - - - Subsidised industries Consequences: High levels of borrowing Corruption Pressure to change strategies to Neoliberal theories

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17
World Bank Structural Adjustment Programme
reforms required prior to providing any loans
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18
Washington Consensus
Created wedges between reform and the realities of implementation
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19
Mixed results
some countries thrived; others stagnated
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20
Benefits of Tourism
- Improved transportation
-Blurring of borders
-Promotion
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21
Preconditions
  • Sound infrastructure

  • Government policies freeing up markets o Stable institutions Knowledge economy

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22
Basic requirements (World Bank)
-Educated + trained workforce
-Sound infrastructure o Environment conducive to the dispersal of knowledge
- Appropriate HR
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23
Skill set required for sustainable citizenship
o Open interaction o System of inputs and feedback o Adding value in the form of ideas o Ability to adequately acquire support for government decisions o Ability to influence government decisions
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24
Building citizenship skills
o Ability to scrutinise problems at the local and community levels (awareness + information) o Ability to recognise social, economic, ecological and political dimensions of issues o Ability to participate in steps taken towards a sustainable future
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25
Overt results
o Greater life expectancy o More education o Laws favouring equal rights
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26
Empowering women may be achieved by
o Educating girls o Changing cultural stereotypes and expectations o Challenging social norms o Allowing women to own businesses and earn equal wage o Allowing women to access political, cultural , economic and social positions of power
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27
Impact of empowering women
o Higher proportion of earnings reinvested in family o 20% increase in child survival rate when mothers control the household income o Less corruption o Women take control of their bodies More ecological living
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28
Adams and Jeanrenaud
as economies grow, environmental degradation increases
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