The Global South.

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Presentation transcript:

The Global South

The Global South Who is the GS? Development Hurdles IMS, II & IF, ITS, GN reliance GS Economic Development Tactics

IPE Categories of GS Countries Emerging Markets Coined in 1981 by Antoine van Agtmael when working for WB- objective was to create ‘a set of promising stockmarkets…to attract investment they needed to thrive’ Greater % of people =middle class (>$10/day) Frontier Markets Investment category- just below EEs Countries in Transition (CITs) Former USSR, Eastern Bloc Growth rates differ ¤

IPE Categories of GS Countries Least Developed Countries (LDCs) GDP p/c ave.=$750; most in Africa Highly Indebted Poor Countries (HIPCs) Debt relief 36 get assistance: 3 applied (2016) Only 5 non-African: 4- LA; 1 Asia ¤ https://www.economist.com/news/international/21719790-going-will-be-much-harder-now-world-has-made-great-progress?frsc=dg|a

Development Hurdles

Child Labor in Bolivia Reality of local situation Need kids’ earnings Kids working anyway Stay in school Kids pushed for law Keeps kids off streets ¤

Criticisms of Child Labor Policy Lack of enforcement Kids in hazardous industries Lack awareness of law Need sex ed. and birth control Rural family sizes But, under-population issue ¤

Sustainable Development (SD) SD expectations GS- AND- GN Environmental issues Human security issues Need to diversify Cash crops tax farmland; deforestation Non-renewable resources Nigeria- 75% of GDP  petroleum ¤

Poaching in GS Lack of local investment Wildlife damage crops, livestock Poverty Lack of job opportunities Corruption Arable land as national parks Need to address demand ¤

Gender Inequality UN Gender-related Development Index (GDI) Country GDP p/c Women GDP p/c Men Dev. Level Saudi Arabia $16,197 $78,689 Very High Norway $56,994 $70,807 U.S. $41,792 $63,163 China $9,288 $13,512 High Botswana $11,491 $18,054 Medium Pakistan $1,707 $7,439 Low

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