Development A Lit tle B it of Econ

Development A Lit tle B it of Econ Will omy Not Hurt

Sustainable Economic Development Assessment (SEDA) is a diagnostic tool that gives countries insight into their overall social and economic conditions.

How Is Development Mesasured? • Economic development is a measure of a country's wealth and how it is generated (for example agriculture is considered less economically advanced then banking). • Social (human) development measures the access the population has to wealth, jobs, education, nutrition, health, leisure and safety - as well as political and cultural freedom.

Economic Indicators • Gross Domestic Product (GDP) is the total value of goods and services produced by a country in a year. • Gross National Product (GNP) measures the total economic output of a country, including earnings from foreign investments. • GNP per capita (= person) is a country's GNP divided by its population.

Social Indicators • Life expectancy • Infant mortality rate • Poverty • Access to basic services • Access to healthcare • Risk of disease • Access to education • Literacy rate • Access to technology • Male/female equality

Human Development Index (HDI) • HDI uses a number of development indicators to give each country in the world a score on an index from 0 to 1.

Use the link http: //www. indexmundi. com/ to compare human development indicators in Vietnam and Pakistan (three dimensions). Use the link http: //hdr. undp. org/en/countries to compare HDI and rank in Saudi Arabia and Croatia.

The North South Divide

Core Semi Periphery and Periphery

Wallerstein´s World System Theory Model • The countries of the world can be divided into three major world regions - the 'Core'‚'Semiperiphery' and the 'Periphery. ' • The core includes major world powers and the countries that contain much of the wealth of the planet. • Semi-periphery –Core and Periphery (f. ex. Czech Republic) between Core-Periphery in Conflict? Give me some specificactual exampes? 1) The growing fence between the U. S. (core) and Mexico (periphery) to prevent the entrance of unauthorized immigrants. 2) The Demilitarized Zone between North and South Korea. 3) Air and naval patrols on the waters between Australia and Southeast Asia and between the EU and North Africa to keep out unwanted immigrants. 4) The UN-enforced border separating the Turkish north and Greek south of Cyprus, known as the Green Line.