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What is GDP?
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Gross Domestic Product. it's the total market value of all economic activities in a certain country of territory and in a certain period of time, which is usually a year
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what is PPP?
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a good development indicator,to measure living standards, doesn't show health or education and even the distribution of wealth
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What is the Human Development Index? what takes account?
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HDI is an indicator to measure human development
It takes in account: -Health (births) -Education (years of school) -Wealth (GNI pero capita, PPP) |
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What is gini coefficient?
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is an indicator that measures wealth distribution. Lower the Better
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Kuznets curve explanation
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Before Industrialisation almost everybody was poor, gc low
some persons became very rich and the rest stayed poor, inequiality, gc increase workers demand conditions and equality, gini coefficient low |
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Decolonisation
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Was the process of independece of the territories dominantes by European states in Africa and Asia. It happened since the end of the Second World War in 1945, and lasted several decades
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Neo-colonisation
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economic domination of the formed colonies(alredy Geacron independent) by their former metropolis
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What is foreign debt?
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is the money and credit a country has to pay back to banks/goverments
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What is debt relieve?
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total forgiveness of the foreign debts to underdeveloped countries that can't pay it back it's an exceptional measure to reactivate their economies
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What is the UNDP?
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Is a programme coordinated by the UN to supply economic help to the countries that need it lost. That money is not given directly, its managed by the programme
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What is the ODA?
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is the economic help directly provided by the goverments of the more developed countries to less developed ones
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What is the UN target?
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is sonating 0.7% of a countries GDP Despite that target looks like a very small quantity, it isnt. State usually spend bt a 4% and a 6% in education or health care.
Denmark, Luxembourg, Sweden and Norway exceeded that target |
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What have in common ODA and UN target?
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The mentioned countries have several things in common, they all are very developed and have a very high GDP per capita, a lower military spending and the political will to donate more money
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What is NGOs?
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institutions theoretically operating without the support of govermments, and involved in humanitarian action, the respect for human rights or environmental issues
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Examples of NGOs
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Humanitarian action: Red cross
Human rights: Anmesty International Environment: Greenpeace |
