GGRA02H3 Lecture 7: lecture 7
Document Summary
The global development project ( concentrations of wealth and spreads of poverty) Better standard of living, industrialization into city , modernization - Will globalization reduce equalities? (both in within country and in country and so on. Wealth distributed everyone have access, but does not emphasis equally distributed. 1. 00(100) = perfect inequalities (problems: direct compare income between countries (measure growth, but not distribution of the growth and sustainability. Evidence suggests that, despite recent increases in rates of econ. growth, the gap between rich and poor countries, regions and people persists and even show signs of widening. 1960: 20% of richest countries had 30 times ave. incomes of poorest 20% Since 1960, the start of the first y. n development decade, disparities in global wealth distribution have doubled. Lowest 20% had 1 % of world gnp. United nations human development index combines several measures: Development is more than just about economics (more just measuring gdp incomes_
