GG102 Lecture Notes - Lecture 4: International Inequality, Sub-Saharan Africa
Document Summary
Gg102 class 4 - global inequality and spatial justice chapter 2. They stand for the way $ and the desire for luxury goods drive the economy; and for colonialization. Major determinant: was country a colony (poor) or a colonizer (rich); and whether or not it was a settler colony (colonies: india, bangladesh vs settler colonies: us, can, aus, nz) 9/10 ppl think living conditions on the planet are not getting better; but things are. Life expectancy has dramatically gone up over the years (dipped in africa aid, russia-collapse) <20% of popln; >75% of global trade; >85% of global consumption. Gap b/w poorest and richest fifth in the world has tripled in the last 40 years. The top 20% have >80% of the world income. Sub-saharan africa lower standard of living now than in the 1960s. Releases an annual study on global wealth that highlights global inequality. Things are getting better on average, but great disparities exist and are growing.
