development
an improvement in the quality of life of people
sustainable development
development that seeks to meet the needs of the present without compromising the needs of future generations
economic indicators for development:
GNI - measures the income earned, including income from investments that flow back into the country
GDP - measures the value of goods and services produced within a country's borders, by citizens and non-citizens alike.
GNP - the value of goods and services produced by a country's citizens, both domestically and abroad
social indicators for development:
they reveal how a country invests in the quality of life of its people other factors include:
child mortality rate
life expectancy
adult literacy rate
percentage of children enrolled in schools
access to safe water
gender equality index
the Human development index (HDI)
measures the development of a country in social and economic terms.
Uses
life expectancy
expected and mean years of school
GNI per capita
A score out of 1 - europeans the highest
advantages of HDI
it considers 3 indicators instead of just 1
Thus better than just GNI.
education and health are considered to be key indicators of development
it has been used widely and reveals global patterns in development
disadvantages of HDI:
reliability on average data?
no environmental indicators
human rights, gender disparities & corruption also not considered
the gender inequality index (GII)
has been included in the UN development report since 2010 and issues of gender appear to be receiving increasing media attention
Takes in account
Female reproductive health
Participation in the labour market
Involvement in political system
Both men and female
advantages of the GII
it has been used successfully to contrast gender inequality between countries. i.e Afghanistan in the bottom five not overall, because it only performs well in political seats for women.
it considers 3 indicators instead of just 1
it enables governments to focus their efforts and target policies towards reducing gender inequality
disadvantages of the GII
ownership of assets and violence against women are not included in the GII
unpaid work (e.g. childcare, housework) is also not included
it does not consider participation in local government or other public walks of life when measuring empowerment
information about the type of employment carried out by males and females is not included
the gross national happiness index (GNHI)
considers the GDP (PPP) per capita and healthy life expectancy
it also looks at people’s willingness to donate money to charity, their freedom to make life choices, perception of corruption, available social suppor, laughter, and feelings of worry and sadness.
“How happy is country”
the index has been criticised for being too subjective and based on small sample size. only 2000-3000 people are interviewed in each country
What can life opportunities depend on
Economic status
Through microfinance
Gender
In HIC women tend to be less educated
Indigenous status
indigenous population
people that live in (or are attached to) traditional or ancestral territories, and who identify themselves as a distinct cultural group. Their ancestors lived in these places before modern states were established.
challenges indigenous people face
insecure land and property rights
discrimination
heightened vulnerability to risk and climate change
further health, education and other related socio-economic disparities
Issues women experience inequality
Intimate partner violence
Harmful practices - such as child marriage.
Unpaid domestic work and care
Disadvantage in leadership positions
Restriction in choice over reproductive health
poverty cycle
the poverty cycle is a phenomenon in which families remain trapped for generations due to a lack of access to education, healthcare, and financial resources.
why is microcredit important
It helps bridge the gap between rich and poor, allowing people to break the poverty cycle.
It can also allow people to access insurance policies that cushion them against the impact of climate change.
Combats “loan sharks” who charge small lenders like rural farmers high fees.
why do poor people struggle in finance
People with little capital capacity can’t grow capital.
Impoverished people need to work and can’t lend income.-
microcredit
the provision of small loans to help poor people to start their businesses.
The loans are often provided with relatively favorable/low-interest rates.
microfinance
includes microcredit and the provision of financial services, such as saving accounts
Downsides micro-credit
Some projects are still costly
The loans are not always used towards escaping the poverty cycle
Some buy food and others use it to pay off loans.
Not everyone knows how to effectively handle the money.
What crucial to relieve the poor from poverty
TRADE NOT AID. Oxfam considers it 20 times more important than aid.
current unfair trading practices widen the gap between rich and poor.
Trading blocks are exclusionary
TNC’s often marginalize the local populations.
What is fair trade
The attempt to make trade more socially, economically, and environmentally responsible. It prompts companies to act more responsibly and not to think only about financial gain.
Gives power to the farmers that are usually powerless in the global market.
affirmative action
A policy that aims to increase opportunities for historically marginalized groups
who is treated wrong in trade.
Often LIC’s.
Producers of goods often don’t get a fair deal
Farmers are often unable to support themselves and rely on charity too.
People employed often don’t have safe working conditions
People employed often don’t earn a lot.
Principles of fairtrade
Create opportunities for disadvantaged producers
More transparency with trading partners.
A fair price that is discussed through dialogue.
Reduce child labor and improve working conditions.
Consideration of the local environment.
Fair trade v.s free trade
ethical trade that gives producers a fair price for products and encourages safe employment
The exchange of goods without barriers or restrictions.
corporate social responsibility (CSR)
companies assess the social, economic, and environmental impacts of their actions. if necessary they respond appropriately to minimise the impact and in this way contribute towards sustainable development.
Factors that motivate CSR
brand differentiation
customer and employee engagement
government policy
BUT EVEN THOUGH COMPANIES MIGHT HAVE A CODE OF CONDUCT THEY MIGHT NOT ALWAYS FOLLOW IT.
green wasing
pretending to be more environmentally cautious than in reality.
costs and benefits CSR
Costs
Not very efficient
Benefits
Happier customer base
Different from competitors.
Morally correct
social enterpeneursgip
for-profit business model that strives to make a positive impact on social issues or the environment. But not always effective because not intrinsic goal
culture
the way of life or characteristics of a group of people
“a global village”
the world is regarded as having become a single community by the effects of mass media, rapid travel, etc
Driving force cultural diffusion
improving communication technologies
mass media
migration
globalization (spread of products)
two different global cultures
the export of a superior culture from advanced countries (westernization)
The mixing of culture leading to different practices
diffusion vs imperialism
“natural” vs superimposed. Tends to be forced against voluntary
examples of cultural imperialism
democracy → spread to all over the world
language → the spread of English
tourism → British people in Chinese restauarants
global brands → starbucks or Macdonalds
media → thing of hollywood (forest gump)
all may cause the homogenisation of cultures, and can disturb indiginous communities
Examples of cultural traits
language
customs
dress
images
beliefs
food
music
why maybe not one global culture
Right conservatism
Glocalisation
Diasporas
glocalisation
The adaption of global products to meet the demands of the local market.
cultural diffusion
the spreading of culture from one place to another
occur due to
migration of workers
tourism
movement of people
cultural imperialism
The practice of promoting culture in one nation by disseminating ideals, values, and principles. This is done with purpose and follows an imbalanced exchange with the recipient countries.
globalization has led to the …. of landscapes
homogenisation
downsides glocalisation
It causes local retails to be put out of buisness
the devils bargain for indigenous people
TNCs and development bring in new educational opportunities and increased health care. BUT it disrupts their lifestyle.
cultural hybridity
an effort to maintain a sense of balance among practices, values and customs of 2 or more different cultures.
TNCs must glocalise for numerous including
to meet local tastes and customs
to meet the health, safety or electrical requirements of the country
to meet the economic needs of the market
Think for example of Nike making hijabs, or tv shows in multiple editions
homogenisation of landscapes
the process of places becoming more uniform or similar to each other
Paradox combatting homogenisaiton,
As cities become more diverse, they become more similar, increased heterogeneity causes homogeneity. Think for example about china towns.
Why are urban centers becoming more common
Efficiency
Migration
Capitalism / urban centers
diaspora
the dispersion of people who share a common racial, ethnic, or cultural identity from their homeland.
acculturation
when a group adopts the cultural traits of another but keeps some of its own characteristics
ups and downs of disaporas
Up
Can lead to cultural enrichment
Increased tourism
Improved government relations (not always)
Down
Can lead to cultural alienation
Increased remittances
Can lead to brain drain in origin country
Like syrians.
ECONOMIC advantages and drawbacks of globalised production
Advantages
cheaper production/prices for the consumer.
global competition ensures innovation
Specialisation possible (all-year products too)
Disadvantages (pro-local production).
travel costs are expensive
People are often marginalized at the bottom
LICs benefit less
Local enterupenuers undercut
NON-ECONOMIC disadvantages of globalisation
Loss of decision making
Green house emissions (due to global transportation
anti-globalisation
opposition to the global economic system
Demanding cultural protection
Equal systems (at the bottom)
.Nationalism
civil society
includes individuals, associations and movements, indipendant from the state and which aim to change policies.
They have a collective power to oppose TNCs and resist products
ways leaders can reject globalisation
Anti-immigration policies
Restricting the flow of information
Trade restrictions
free trade agreement cons
increased job outsourcing
poor working conditions
degradation of natural resources
main types of migrants in Europe
people who have traveled Europe to seek asylum
african migrants (often) illegally crossing unchecked borders through the mediterranean sea to search seek for economic opportunities and a better quality of life
legitimate movement of people within EU; they are usually economic migrants
right-wing populism
feed on anti-immigration beliefs. Not always the case, but they act as the scapegoat.
pros immigration
can help fill the labour gap, i.e workers in dubai
pay taxes and contribute to gdp
Can balance aeging population
can increase cultural diversity
cons immigration
may lead to fall in wages
may put pressure on housing services
could lead to increaded unemployment
could result in increased crime
could result in increased litering.
most censored countries
Eritrea
North Korea
protectionism
when policies are set up to shield a country’s domestic industries from foreign competion
why protectionism
Increased political and economic independance
self reliance in defense
Pros protectionism
protected domestic industry
protected jobs
Money stays in country, doens’t leave
prevents dumping of goods
increase in government wealth from tarrifs
Cons protectionism
Trade disputes may occur between nations
Make markets less competitive → less choice and higher price for consumers
No innovation needed, for companies
Quota
a restriction on how much may be imported or exported
tarrif
tax or customs duty paid on imported goods
subsidy
a cash or tax reduction benefit given by a government to a company or industry
advantage and disadvantage resource nationalism
Prevents profits from being taken by TNC’s
BUT equipment is very expensive and often needs foreing investment anyway.
Internet freedom
The right of access to the internet.
Autocratic states
non-democratic state led by people who are not elected. They tend to be more effective in internet censorship and closing migration.
resource nationalism
the process of governments asserting control and taking ownership of their natural resources