Development Dynamics Definitions

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Global North
Section of the globe that is described as the richer parts, includes countries such as UK, USA, australia
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Global South
Southern hemisphere, includes countries in Africa, Asia and South America, countries with lower income
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HICS
High income countries
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LICs
Low income countries
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Top down development
when decisions about development ideas are made by governments and large companies
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Bottom up development
when development decisions are made my NGOs or charities
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NGO
non-government organisation
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Globalisation
Increasing interconnectedness that takes place between countries
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GDP per capita
total value of goods or services produced in a year divided by number of people
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Human development index (HDI)
a measure of the social side of life in LICs based on 4 factors
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Topography
the arrangement of natural and artificial physical features of an area
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Transnational corporation (TNC)
corporations that work across more than one country
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inter-governmental organisation (IGO)
organisation comprise primarily of sovereign states
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emerging country
has characteristics of a developing country but not there
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Developing country
An agricultural country that is becoming more advanced economically
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Foreign Direct Investment (FDI)
an investment by an investor from another country
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Multi-lateral aid
aid provided by a group of countries or an institution representing them
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Outsourcing
to obtain goods by contract from an outside supplier
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Demographic
a particular sector of a population
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Infrastructure
the physical and organisational structure and facilities in a society
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Other cards in this set

Card 2

Front

Southern hemisphere, includes countries in Africa, Asia and South America, countries with lower income

Back

Global South

Card 3

Front

High income countries

Back

Preview of the back of card 3

Card 4

Front

Low income countries

Back

Preview of the back of card 4

Card 5

Front

when decisions about development ideas are made by governments and large companies

Back

Preview of the back of card 5
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