Please enable JavaScript.
Coggle requires JavaScript to display documents.
4.1 Economic Development (the MDGs (achieve universal primary education,…
4.1 Economic Development
sources
human K
increase capital stock
high productivity
aging population 'consumes' growth
Germany - foreign influx in 1960s
physical and tech factors
LEDCs - more labour based
MEDCs - more tech based and efficient
qty/quality of natural resources
OPEC used oil for growth
Kenya is FOP rich but exploited by MNCs
SG have little FOP but growth by import
institutional factors
strong legal framework
clear property rights
stable banking system
freer access to credit and flow of capital
characteristics of LEDCs
high level of Un+
low standard of living
high pop growth rate
poor infrastructure
dependence on agriculture
USA 1%, Uganda 34% of GDP
high gestation period
solving the poverty cycle
greater transfer payments
funding to increase capital usage
subsidies for training
diversity among LEDCs
historical background
demographic factors
resource endowments
political stability
ethnicity and religion
conflicts and unrest e.g. Sri Lankans and Tamils
beliefs against e.g. contraception (increase pop growth)
structure of the industry
the MDGs
achieve universal primary education
promote gender quality and empower women
eradicate extreme poverty and hunger
reduce child mortality
improve maternal heatlh
combat HIV/AIDs, malaria and other diseases
ensure environmental sustainability
global partnership for devt