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Global Poverty - an improvement?

#ECON 4 - ec dev JJ

United Kingdom

Dependency Ratio

Pedestrian Crossing

Retirement Age

Winter Fuel Payments

Being too N.I.C.E...

East London

Netherlands

Dutch Disease

The Resource Curse

Sectors which are not booming become uncompetitive

reliant on tourism

Croatia 2014

unemployment = 20%

Public Debt = 80% of GDP

https://prezi.com/8hxlnkviz1pp/

In 2007 China had its highest level of

economic growth of 14.2% (increase in GDP)

but now India is catching up.....

India

population issues

dependency ratio

lack of pensions

inadequate healthcare

India's GDP has been rising since 1979

In 2010 the GDP grew by 10.3%

Chad

Given aid for health clinics

1% made it through

Corrupt ruling elite

Burkino Faso

Ivory Coast

Nigeria

Venezuela

Ivory Coast

http://ignatianeconomics.blogspot.co.uk/2011/04/poverty-over.html

http://www.bbc.co.uk/news/business-25980022

In 2013 Nigeria's GDP was $522.64bn and their

annual growth rate was 6.23%. The GDP per capita was $1097.97. Their GDP made them the biggest economy in Africa.

Liberia's Limits

80% unemployment

3.5m people ; 100 doctors

no electricity

poor govt agencies, including tax

human capital : trained to destroy

unattractive to FDI

vicious spiral downwards - no edcation or electricity = no schools = no education = no workforce = no tax

biggest problem : infrastucture vs unemployment

in 2011 Colombia experienced it's highest economic growth with 6.59%.

BrainBlast the advantages and disadvantages of its location

You are the Liberian President - committed to economic development. What is the first thing you do when you get to your office?

The Tsunami of 2004

Indonesia

Indonesia

The GDP per capita in Indonesia in 2013 was $1810.31

Aid relief has helped rebuild the devastated coastline

In this chilling and inventive documentary, executive produced by Errol Morris and Werner Herzog, the unrepentant former members of Indonesian death squads are challenged to re-enact some of their many murders in the style of the American movies they love.

Brazil

Failed to make structural changes

Had an economic tailwind, now coming to an end

Geography makes good ports essential, but outdated

Poor infrastructure

Have attempted to restrict FDI inneffectively

Economic Nationalism vs Neoliberalism

Angola

resource rich

huge income inequality

corrupt ruling elite

ineffective institutions

Primary Product Dependency

Economic Nationalism

Neoliberalism

Falling Income Inequality

Disgruntled Middle Class

La Bolsa

SOLOW : slowing ec growth

Zambia

primary product dependency

disincentive to diversify

no upskilling of workforce

fill foreign currency gap

Land-locked with poor neighbours

EVAL : share future prosperity

The Economic

Development of Bolivia

Where We've Been

brainblast 7 countries we've discussed whilst studying

The limits on economics growth and development

Cuba

http://www.theguardian.com/world/2014/dec/19/cubans-future-castro-us-foreign-policy-optimism

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