GEOG 1HB3 Chapter Notes - Chapter 9: Gender Inequality Index, Gross National Income, Tertiary Sector Of The Economy

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Development: world is divided into developed and developing countries, 1/5 of the world lives in developed countries. Geog 1hb3: improved education is a major goal of many developing countries, but funds are scarce. Ruling on whether a country has violated wto agreement. Ordering remedies when violated agreement: protect intellectual property: Geog 1hb3: transitional corporations (tncs) = invests and operates in countries other than the 1 in which its hq are located. Monetary fund (imf: developing countries borrow $ to build new infrastructure and businesses, structural adjustment programs, some developing countries have had difficultly repaying their loans, before debt relief, a developing country is required to prepare a policy framework. Waste, corruption, misappropriation, military build ups: 21st century, it is the developed countries that have piled up the most debt. Millennium development goals: end poverty and hunger, achieve universal primary (elementary school) education, promote gender equality and empower women.

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