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Published byKelley Roberts Modified over 9 years ago
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How do international efforts reduce global inequalities?
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Richer countries can't lose – they import raw materials at low cost and put heavy tariffs on any manufactured goods from developing ones while trading freely between themselves Developing countries cannot compete – income from raw materials is low and heavy tariffs are put on manufactured goods they produce for export to richer ones
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Aid is the transfer of money, goods and expertise from one country (the donor) to another (the recipient)
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Types of aid Bilateral aid: given directly from one government to another Multilateral aid: given through an agency such as the World Bank, usually money Non-governmental aid: given through charities such as Oxfam or Save the Children
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Loans and Aid 1) What is the key difference between a loan and aid?
2) Complete this flow diagram: Debt is repaid Project such as dam is a success Loan borrowed for project in a country Debt problems mean that… Project such as dam is a failure To pay the extra interest on the loan people have to work… Standard of living therefore… 3) List 3 reasons for going on this march: 4) What is a ‘conservation swap’? Give 3 examples of countries involved
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TIED AID Developed country Developing country
Think of a discussion that David Cameron and Jacob Zuma (President of South Africa) might have about TIED AID Developed country Developing country
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