POLI 227 Lecture Notes - Lecture 1: Heavily Indebted Poor Countries, Lead, Theoretical Definition
Document Summary
Where the world gross domestic product is continued dominance of industrialized power. Aberration of the last 200 years where the economy was in asia shift to the west 100 years ago start to shift again to south east asia. The proportion of people living under 1 dollar per day as shrunk importantly over the last 10 years proportion of children in school have increased mortality rate has dropped = economic picture is changing. Gnp of the usa is equivalent to the economy of all 100 economies of developing countries all together. First world: western, second world: communist, third world: the rest colonized over time developing countries (term born in the cold war) Nics: newly industrializing countries highlight the great success of countries like the tigers. Ldc: least developed countries highlight of the countries that have the lowest level of development. = highlighting the variations of the categories within the south. Gnp/gdp = calculating the size of a country"s economy.