summary disparity wealth &dev

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    Disparities in wealth and development

    Development Improvement in human welfare, quality of life, social well being. Satisfyingthe populations needs and wants. (measured using a range ofsocio-economic indicators)

    Ways of representing data to give some idea of disparity that could be asked in the IB exam

    0 = Complete equality (everybody has thesame amount)

    100 = Complete inequality (one person

    has all the income

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    Development Diamonds

    HDI Human development index [ HDI] a composite measure of development .

    This combine a number of single component indices to give a combined score.

    By illustrating multiple

    component indices

    diagrammatically it is

    possible to compare the

    relative performance in

    each of the separate

    indicators

    Income inequality is usually measured by

    a countrys Gini Coefficient, in which 0 is

    perfect equality and 1 is perfect

    inequality. .

    China Gini Coefficient rose as different

    fortunes of rural and urban households.

    Productivity, hence income is low in

    agriculture.

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    It includes 3 basic components of human development

    1] Longevity- [ life expectancy]

    2] adult literacy & average number of years of schooling

    3] standard of living income adjusted to local cost of living i.e. purchasing power parity [PPP]

    Measurement of development

    Other composite indices

    Development

    measured

    GDI

    simply HDI adjustedfor gender inequality

    GEM

    Norway [ .837]

    Yemen [ .127]

    Education

    min of 0.0 to max of1.0

    Afghanistan - .33

    Australia -.99

    Infant mortality

    no of children thatdie before their first

    birthday

    High in poor countrie

    Nutrition

    815 hungry people indeveloping countries

    HDI

    measurement shownbetween 0- 1

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    How can we measure poverty???

    Human Poverty Index 1 (for developing countries)

    HPI-1 - % of pop with life expectancy of

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    An example comparison for each

    Examine the progress made in meeting the Millennium Development Goals (MDGs) in

    poverty reduction, education health.

    Find at least 2 countries with different trends refer to case study scan of India and Mali

    origin ofdisparities

    income inequalities

    employmentinequalities

    e.g . differences dueto formal and informal

    sector jobs

    residence[ livingconditions]

    e.g. slums- disease ,stigmatization,

    geographic isolation,lack of basic services

    ethnicity and race

    e.g. aborogines inaustralia die 20 yrs

    earlier

    more IMR

    Parental educationand inequality e.g.

    higher education= lesschildren .

    &

    education = growth ofeconomy

    land ownership [

    tenure]e.g. decline of

    subsistenceagriculture in S.Africa

    and tenure inCambodia /India

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    Reducing disparities

    Evaluate the effectiveness ofstrategies designed to reduce disparities

    HUMAN

    dEVELOPMENT

    strategies

    Expandingtrade-trading

    blocs

    [ e.g. ASEAN] exportprocessing

    and free tradezone

    e.g Incheon

    FEZ- S.Korea

    fair andethicaltrade

    debt relief

    e.g.HIPCinitiative

    Migrantworkers

    [Remittances]

    Aid

    e.g.top down& bottom up

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