18 terms

Development

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Development
The progress of a country in terms of economic growth, the use of technology and human welfare
Development Gap
Difference in standards of living between the world's richest and poorest countries
Environmental factors
Natural hazards or resources which may affect development
Economic factors
The trade or debt position of a country which may affect development
Social factors
A country's access to clean water, healthcare or education which may affect development
Political factors
A country's political stability may affect development such as whether it has a stable government or a civil war
Gross National Income (GNI)
The total value of goods and services produced by a country plus money earned from and paid to other countries. Expressed as per capita (per head of population)
Human Development Index (HDI)
Devised by the United Nations (UN), it links wealth to health and education to show how much people benefit from their countries economic growth.
Newly-Emerging Economies (NEEs)
Countries which have begun to experience higher rates of economic development with a rapid growth in industry
Purchasing Power Parity (PPP)
The adjustment made to income to equate what can be purchased for the same amount in different countries
Life expectancy at birth
The average number of years a person is expected to live is one measurement of Human Development
Years in education
The average number of years in education is another measurement of Human Development
Proportional Map
A map not drawn to true scale but to show the size of countries in proportion to a measurement. E.g. per capita income, population etc.
High Income Country (HIC)
A country with GNI per capita higher than $12746 (World Bank 2013)
Low Income Country (LIC)
A country with GNI per capita lower than $1045 (World Bank 2013)
The Brandt Line
gap in standard of living that exists between North and South. Some people argue it is now out of date.
Bilateral aid
Aid given by one country to another
Emergency aid
Aid provided after major natural disasters e.g earthquakes
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