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Source: UNDP HDR 2004, p. 128
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Source: UNDP HDR 2004, p. 134
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High human development group LE at birthGDPLifeEdGDP HD US$IndexIndexIndexIndex 1 Norway 78.9 36,600 0.90 0.99 0.99 0.956 2 Sweden 80.0 26,050 0.92 0.99 0.93 0.946 3 Australia 79.1 28,260 0.90 0.99 0.94 0.946 4 Canada 79.3 29,480 0.90 0.98 0.95 0.943 5 Netherlands 78.3 29,100 0.89 0.99 0.95 0.942 6 Belgium 78.7 27,570 0.90 0.99 0.94 0.942 7 Iceland 79.7 29,750 0.91 0.96 0.95 0.941 8 U.S. 77.0 35,750 0.87 0.97 0.98 0.939 9 Japan 81.5 26,940 0.94 0.94 0.93 0.938 10 Ireland 76.9 36,360 0.86 0.96 0.98 0.936
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Agenda ► Questions? Assignment 1? ► Review
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How do we measure Human Development? ► A composite measure… Life expectancy at birth Adult literacy rate Combined gross enrolment ratio for primary, secondary and tertiary schools GDP per capita converted to US$ PPP ► Convert to indices and combine to HDI
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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
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Today Test 1, October 6 Interdependence in a Global Economy ► From the Atlantic to the Pacific ► Trade ► Core and Periphery in a World System
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Test 1, October 6 ► 50 minutes, a progress report ► Three sections: ► Multiple Choice 20@2=40 ► Fill in blank 10@2=20 ► One paragraph answer 2/4 @ 20=40 Foreign language dictionary OK Calculator OK Calculator OK Pencil for MC, pen for FiB, OPA Pencil for MC, pen for FiB, OPA
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Global Orientation ► Historic Atlantic Alliance Colonial ties European emigration Trade ties Points of attachment ► US-Canadian contrast NATO, Treaty of Washington, 1949
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Global Orientation ► Pacific Rim Recent shift Little consensus on definition An alliance?
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Trade as a Measure of Global Interdependence ► One measure ► Goods and services
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70% of world trade
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Canada’s International Trade Balance, 2001 ($ 000,000) Source: Statistics Canada 2003, Cansim II Table 228
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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…
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