Source: UNDP HDR 2004, p. 128

Source: UNDP HDR 2004, p. 134

High human development group LE at birthGDPLifeEdGDP HD US$IndexIndexIndexIndex 1 Norway , Sweden , Australia , Canada , Netherlands , Belgium , Iceland , U.S , Japan , Ireland ,

Agenda ► Questions?  Assignment 1? ► Review

How do we measure Human Development? ► A composite measure…  Life expectancy at birth  Adult literacy rate  Combined gross enrolment ratio for primary, secondary and tertiary schools  GDP per capita converted to US$ PPP ► Convert to indices and combine to HDI

GNP vs. GDP ► GNP is total value of good and services produced by Canadians at home or abroad, excludes returns of non-residents on capital invested in Canada ► GDP is total value of good and services produced by Canadians or non-Canadians in Canada, excludes returns from Canadian investment abroad

Today  Test 1, October 6  Interdependence in a Global Economy ► From the Atlantic to the Pacific ► Trade ► Core and Periphery in a World System

Test 1, October 6 ► 50 minutes, a progress report ► Three sections: ► Multiple Choice ► Fill in blank ► One paragraph answer 20=40 Foreign language dictionary OK Calculator OK Calculator OK Pencil for MC, pen for FiB, OPA Pencil for MC, pen for FiB, OPA

Global Orientation ► Historic Atlantic Alliance  Colonial ties  European emigration  Trade ties  Points of attachment ► US-Canadian contrast  NATO, Treaty of Washington, 1949

Global Orientation ► Pacific Rim  Recent shift  Little consensus on definition  An alliance?

Trade as a Measure of Global Interdependence ► One measure ► Goods and services

70% of world trade

Canada’s International Trade Balance, 2001 ($ 000,000) Source: Statistics Canada 2003, Cansim II Table 228

Pacific Rim US “is functioning in the traditional role of a Third World country” with Pacific rim (p. 61) US “is functioning in the traditional role of a Third World country” with Pacific rim (p. 61) ► Large US deficit with Japan ► NICs, 4 little tigers, and ► One big lion…