Today’s revision covers 1.The development gap 2.Measuring development 3.How to answer an exam question on development.

Slides:

Advertisements

Similar presentations

WORLD OIL CONSUMPTION COMPARISON QUESTIONS 1.What country has the largest column? What are the reasons that you think that this country has the highest.

Advertisements

YOUR TASK: 1.Make up an appropriate title and write it in your book. 2.Write at least 5 bullet points that summarise what message this diagram is trying.

Topic 5 Bridging the Development Gap

Lucas (1988) “By the problem of development I mean simply the problem of accounting for the observed pattern, across countries and across time, in levels.

WHAT FACTORS INFLUENCE THE ECONOMIC DEVELOPMENT OF COUNTRIES? OBJ: TO DETERMINE THE HOW WEALTH, HEALTH & EDUCATION CONTRIBUTE TO A NATION’S ECONOMIC STATUS.

Analyzing Quantitative Data in Comparative Politics

Population & Development Revision

Social Issues in the UK Health and Wealth Inequalities National Qualifications.

How can we measure development? LO: I can categorize different indicators of development I am able to assess how effective these indicators are.

By: Allison.  What country has the largest column? What are the reasons that you think that this country has the highest amount?  The United States.

How are global patterns of development identified and measured?

The stakes of Development: from development to sustainable development.

World Consumption Patterns Project Claire Bautista.

Less Developed Countries Charles Hauss. Comparative Politics.

Measuring Development. GDP Gross Domestic Product Value of total output of goods and services within a country in a year- p.276 PER CAPITA MDCs - $30,000.

Measuring Development

The stakes of Development: from development to sustainable development.

Year 9 Geography exam Development. the meaning of development: the generation and spread of wealth; political freedom; safety and security; well-being.

Questions For Chart 1 1.What country has the largest column? What are the reasons that you think that this country has the highest amount? The USA.

Purchasing Power Parity (PPP). This is a comparative measure of the cost of goods in different countries. It is often applied to a ‘basket of goods’.

Economies of the World. What is economics The production, distribution, and consumption of goods and services Deals with how people make and spend money.

Classifying Countries The North-South Gap

ECON 317: ECONOMIC DEVELOPMENT AND GROWTH 1 LECTURE 3 Comparative Development: Differences and Commonalities among Developing Countries (Part 1) Instructor:

II. Inequalities in wealth and development on every scale A. How can we measure wealth and development? 1. Wealth GNP Gross National Product: the total.

Measuring Development Aim- to identify and describe examples of economic and social indicators of development. What is development? Traditionally development.

© 2014 Pearson Education, Inc. Bellringer What do you think makes a person poor? What is this persons life like? Do you think an entire country can be.

Measuring Wealth Socials 9. Measuring the Wealth of Countries: GNP Organizations such as the World Bank use an annual calculation called Gross National.

IB Macroeconomics EQ: What is macroeconomic development and how can we measure it?

ST. ANDREW’S HIGH SCHOOL GEOGRAPHY DEPARTMENT HIGHER GEOGRAPHY.

Questions 1. What country has the largest column? What are the reasons that you think that this country has the highest amount? 2. The USA. Some reasons.

Measuring Development Objective: To compare the development of a selection of countries To compare the development of several countries using a range of.

How can economic well-being and the quality of life be measured?

Part Six: Public Policy “Justice is itself the great standing policy of civil society; and any eminent departure from it, under any circumstances, lies.

Causes of the inequality gap Colonialism Neo-colonialism Debt Governance.

IT and HD. HDI Definition of 'Human Development Index - HDI‘ A tool developed by the United Nations to measure and rank countries' levels of social and.

Part Six: Public Policy “Justice is itself the great standing policy of civil society; and any eminent departure from it, under any circumstances, lies.

Measuring Development Chapter 28. POVERTY TRAP/ CYCLES Measuring Development.

The Measure of Wealth. What factors influence the economy of a country?

Wealth How do we measure wealth?. Gross domestic product (GDP) This measures the wealth created in a country in a given year (includes the production.

What’s the story? Which place is the most developed?

ENTRY QUIZ 1.How many elements do you know? 2.What are they? 3.Which of them are inert gases? 4.Which are metals? 5.Which are metalloids?

1.What country has the largest column? What are the reasons that you think that this country has the highest amount? U.S.A has the largest column. You.

Measuring Economies GNP, GDP And “per capita”. Measuring the Size of the Economy GNP & GDP measure the size of the Economy. GNP or “Gross National Product”

WWC. Questions 1.What country has the largest column? What are the reasons that you think that this country has the highest amount? Germany has the highest.

Human Environments: Development Development indicators.

Measures of Development. Measuring Development Gross National Product (GNP) Measure of the total value of the officially recorded goods and services produced.

Development. Why Does Development Vary among Countries? United Nations (UN) developed a metric to measure the level of development of every country called.

The Development Gap? What is it? Dr. East 10/19.

Economic Growth. Would You Rather? Would you rather have an average income of 55K today or Have 55K and live in 1900 – Careful, you may be extreme wealthy.

Understanding GDP, GNP, GNI. GDP Gross Domestic Product A broad measure of an economy’s performance The total value of ALL goods and services produced.

Macroeconomics IB 2.1.

Country investigation

Human Development Index

Globalisation…. What is globalisation? Definition of globalisation ‘The ability to produce any goods (or service) anywhere in the world, using raw.

Poverty trap/Poverty cyle

Measures of Development

Measuring Development

DeVELOPMENT KEY ISSUE 1.

The Measure of Wealth Ammu Nair Copyright 9/19/2018.

Development Indicators

Bridging the Development Gap 27th Jan 2015

Bellringer What do you think makes a person poor? What is this person's life like? Do you think an entire country can be poor? What does a poor country.

Key Issues Why does development vary among countries? Why does development vary by gender? Why is energy important for development? Why do countries face.

4.2 Measuring Development

The causes of the ‘development gap’

Are countries all at the same levels of economic development?

The HDI: Measuring Development

What is Development and how can it be measured?

Measuring Economic Growth and Development

Presentation transcript:

Today’s revision covers 1.The development gap 2.Measuring development 3.How to answer an exam question on development

The development gap is the difference between rich and poor countries.

We compare one country with another and make a judgement.

Development can be measured in many ways.

This is a simplified model that shows the development gap. This divides the rich and poor countries based on their wealth. 20% of wealth 80% of wealth

What is GNI? This stands for Gross National Income which is the total wealth of a country including money made from overseas investments.

What is wrong with using GNI to measure development? 1) It doesn’t show Purchasing Power Parity. This means what the income is actually worth in terms of the cost of living. Can you give an example?

Example $100 in the UK will buy a lot less than the same amount in the USA. In China the GNI per capita was $2000 After working out the PPP it showed that it was worth approximately $7500 so it is a lot cheaper to live in China than in the USA.

2 ) The country may be wealthy but it is not shared out. 10 th richest country. Ranked 127 out of 167 on the Human Development Index.

A better measurement is HDI = Human Development Index. This measures life expectancy, adult literacy and GNI (PPP $US)

Describe the relationship between GNI per person and life expectancy. Basic idea that in general as one goes up so does the other (1 mark) with sound use of data (+1 mark) or reference to the specific countries not totally fitting this pattern (+1 mark). 3 marks