POL218Y5 Study Guide - Final Guide: Ethnic Nationalism, Plantation Economy, Wage Labour

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Developing world: countries that are defined according to gross national income (gni) per capita per year. Countries with a gni of ,905 are defined as developing: some regions in the developing world include africa, asia, and the middle. Diversity is compared between regions: when comparing the developing world with the rest of the world we see issues of poverty, high unemployment, low income, inequality etc. (world. Latin american and oceania: dependency theory- the third world has been connected to the world economic division of periphery countries the world system that is dominated by the core countries. Gdp per capita: gross domestic product per capita. Redistributive policies: policies that are based on the normative principles of distributive justice, for example, desert-based, difference-principle, strict equality, utilitarian, the idea is to create policies that minimize economy disparity. If there are economic disparities and inequalities then this is needed. Nafta: the north america free trade agreement jan 1994.