Reducing Global inequality
- Created by: Natasha.bhatti
- Created on: 28-05-16 12:31
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- Reducing Global inequality
- Improve own quality of life
- Move from rural to Urban areas- better food, jobs work,
- Improve environment e.g. housing
- Communities work together: build schools
- Fair Trade
- When producers in developing countries are paid a fair price for their work, by companies in developed countries
- Improves quality of life for workers
- X Producers may over produce due to good prices. Excess will make world prices fall
- When producers in developing countries are paid a fair price for their work, by companies in developed countries
- Reduction of Debt in LEDC
- Debt abolition: some or all of a countries debt is cancelled. The money can then be used to develop
- Zambia 2005: $4billion debt cancelled
- 2006: Enough money to start free healthcare- improve quality of life
- Zambia 2005: $4billion debt cancelled
- Conservation swaps:Part of country's debt is paid off in exchange for investment in conservation.
- 2008: Peru debt of $25 million paid of by USA in exchange for conserving rainforest.
- Debt abolition: some or all of a countries debt is cancelled. The money can then be used to develop
- Aid
- Sources: Governments through taxes or NGO's through voluntary organisations
- Bilateral: Directly to recipient
- Can be tied recipient must buy products form donor country helps donor economy
- Multilateral: Indirectly through voluntary organisation.
- Short term: Help RC cope in emergency. Stage of D unchanged.
- Long term: Money to help development, eg build dams
- RC become less dependent on aid. But it takes a long time before benefits are seen
- International aid may not be sustainable
- Sustainable: With deforestation to ecotourism to make money
- UnsustainableInvestment in wells with little rainfall.
- Improve own quality of life
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