The changing economic world
The changing economic world
There are global vacations of economic development and quality of life
Different ways of classifying parts of the world according to their
level of economic development and quality of life.
Different economic and social measures of development: gross national income (GNI) per head, birth and death rates, infant mortality, life expectancy, people per doctor, literacy rates, access to safe water, Human Development Index (HDI).
Limitations of economic and social measures.
Link between stages of the Demographic Transition Model and the
level of development.
Causes of uneven development: physical, economic and historical.
Consequences of uneven development: disparities in wealth and
health, international migration
Various strategies exist for reducing the development gap
An overview of the strategies used to reduce the development gap: investment, industrial development and tourism, aid, using intermediate technology, fair trade, debt relief, microfinance loans
An example of how the growth of tourism in an LIC or NEE helps to
reduce the development gap.
Some LICs and NEEs are experiencing rapid economic development which leads to significant social, environmental and cultural change.
A case study of one LIC or NEE to illustrate
the location and importance of the country, regionally and globally
the wider political, social, cultural and environmental context
within which the country is placed
the changing industrial structure. The balance between different sectors of the economy. How manufacturing industry can stimulate economic development
the role of transnational corporations (TNCs) in relation to industrial development. Advantages and disadvantages of TNC(s) to the host country
the changing political and trading relationships with the wider
international aid: types of aid, impacts of aid on the receiving
the environmental impacts of economic development
the effects of economic development on quality of life for the
Major changes in the economy of the UK have affected and will continue to affect, employment patterns and regional growth
Economic futures in the UK:
• causes of economic change: de-industrialisation and decline of traditional industrial base, globalisation and government policies
moving towards a post-industrial economy: development of information technology, service industries, finance, research science and business parks
impacts of industry on the physical environment. An example of
how modern industrial development can be more environmentally
social and economic changes in the rural landscape in one area of
population growth and one area of population decline
• improvements and new developments in road and rail
infrastructure, port and airport capacity
the north-south divide. Strategies used in an attempt to resolve
the place of the UK in the wider world. Links through trade,
culture, transport, and electronic communication Economic and
political links: the European Union (EU) and Commonwealth.