Study Guides (400,000)
CA (160,000)
UTSC (10,000)
Final

IDSA01H3 Study Guide - Final Guide: Kuznets Curve, Thomas Piketty, Gini Coefficient


Department
International Development Studies
Course Code
IDSA01H3
Professor
Leslie Chan
Study Guide
Final

This preview shows half of the first page. to view the full 2 pages of the document.
Climate Change and Inequality
MEASURING INEQUALITY:
-compare incomes of top declies (high income earners) with national average
-gini coefficient (Coefficient 0= nobody had equal income & Coefficient 1= equal income)
INEQUALITY OCCURRING:
-Kuznet’s curve
-Thomas Piketty: studies in global income inequality (upside down kuznet’s curve)
IS INEQUALITY JUST AN INEVITABLE OUTCOME OF ECONOMIC DEVELOPMENT?
-see industrial growth in some parts of the world and lack of industrial growth in other parts of
the world
-inequality is not something inevitable
-how we deal with economic growth
-governments have a choice either to decrease or increase inequality
NEOLIBERALISM:
-the dominant form of economic policy from 1980s and onwards
-involves the redistribution of wealth: but to the rich rather than to the poor
-impacts (privatizations, attack on trade unions and erosions of permanent jobs, the rapid
expansion of inform employment, tax breaks of corporations, elimination of social welfare,
deregulations of finance- making money without producing)
SO?
-industrial development both exacerbate and reduce inequality
-political forces and state institutions play a crucial role in income distribution
URBAN INEQUALITY STATS:
-world is becoming more urban: (1950 30%, 2014 54%, 2050 66%- people live in cities)
HOW IS TORONTO AN INEQUALITY CITY:
-homeless people and bunch of condos
-segregation of race in income
-where do people go to get food and food is thrown out
-better and worse schools (private and public schools, gifted and non gifted)
- homeless and cold weather (not enough homeless shelters to protect from cold)
- three cities” middle class→ low income
-68% minorities are low income
DRIVING FORCES:
-real estate and rental costs (spend over 30% of income on housing)
-precarious work (which fill permanent job needs but are denied permanent employee
rights) across the GTA has become the norm
CITIES IN THE GLOBAL SOUTH
You're Reading a Preview

Unlock to view full version