SOCI 254 Chapter 2: Globalization for Development (Chapter 2—Globalization and Poverty).pdf
Document Summary
Great britain 18thc still an economy with many limitation one might have concluded there was a case of very poor development prospects. Gdp figures of the developing world increase in the size of the developing world population + gdp. 12 largest developing countries accounted for 1/10 of world gdp in 1975. 12 largest developing countries will account for 1/5 of world gdp in 2015. Low- and middle-income countries developing world divided into 2 sets of countries: low-income countries per capita income of less than us, middle-income countries per capita income of more than us and less than us,076. Poverty relate glob. activities of trade, finance, aid, migration, and ideas to global poverty alleviation associate pov. with deprivations of income, health, edu. and empowerment look at absolute deprivations. Definitions of poor poor those living on less than us per day. 2. 8b ppl in 1992 extremely poor those living on less than us per day over 1b ppl up to 1992.