Aim: to what extent does (economic) development vary amongst countries? APHG Development.

Aim: to what extent does (economic)

development vary amongst countries?

APHG Development

Economies of the World• Primary: • Secondary:• Tertiary:• Quaternary:• Quinary:

Quaternary Sector

The quaternary sector of the economy consists of intellectual activities. Activities associated with this

sector include government, culture, libraries, scientific research, education, and information technology.

Quinary Sector

Some consider there to be a branch of the quaternary sector called the quinary sector, which includes the

highest levels of decision making in a society or economy. This sector would include the top executives or

officials in such fields as government, science, universities, nonprofit, healthcare, culture, and the

media

But… Australian definition and ….

Economic Development Regions• MDCs (More Developed Countries)• LDCs (Less Developed Countries)

• First World Countries• Second World Countries• Third World Countries• Non-Aligned Countries• BRIC(S) Countries• (Asian) Tigers

“East” vs. “West”

“Western”

VOCABULARY

Cold War

What?

Asian Tigers

What Does Developed Mean?

• GDP, GNP, and GNI?• Per Capita Income?• Industry?• Life Expectancy?• Education?• Happiness?

What factors are

considered?

GDP, GNP, and GNI• GDP = value of all goods and services

produced within a country, within an economy over course of one year.

• GNP = GDP + NR (income inflow from foreign assets) – NP (net income outflow to foreign assets)

• GNI = GNP

HDI • HDI (Human Development

Index)• Economic (income)• Social (education)• Demographic (life expectancy)

UN attempt to answer

the question.

Economic• GDP• Per Capita Income• Primary (farming, fishing, mining)• Secondary (manufacturing)• Tertiary (services)

How do you determine

income and wealth?

Social• Education• Literacy• Human Rights• Women’s Rights• Freedom of Speech• Etc. etc.• Happiness Index*

Not all are included

in the HDI

Cadillac poolside commercial

Demographic• Life Expectancy

Where?

and

Why?

GDP (Gross Domestic Product)

GDP Per Capita

Per Capita GNI (Gross National Income)

Not per capita . Note the differences.

Exchange Rates as of 4/4/14Value of foreign currencies in US dollars

L 1.65862Can$ 0.91032E 1.37131Au$ 0.92989Y 0.009639

Changes on a daily basis and is NOT a reflection of HDI. More accurately

correlates to GDP and perceived flexibility and stability of the

currency.

Economic Core - Periphery

BRIC Countries

World Systems Theory

What types of economies tend to

dominate in the three world economy regions?

World Systems TheoryThe modern world system is distinguished from (older) empires by its reliance on economic control of the world order by a dominating capitalist center in systemic economic and political relation to peripheral and semi peripheral world areas.

Wallerstein rejects the notion of a "Third World", claiming there is only one world connected by a complex network of economic exchange relationships — i.e., a "world-economy" or "world-system" in which the "dichotomy of capital and labor" and the endless "accumulation of capital" by competing agents (historically including but not limited to nation-states) account for frictions.

BTW: Wallerstein is an American sociologist born in NYC in 1930.

Life Expectancy

Gender Equality and Education

Aim: to what extent does economic

development have an impact on human

migration?

(Not taking love of country and immediate family into

account etc.)Where would you choose

to live if you were to emigrate from the USA?

Why?

HDI

Aim: to what extent is Rostow’s Model an

accurate representation of worldwide economic

development?

Rostow’s Model

MDCs and LDCs

Notice the Connection?

Going Back to the Cold War…

1st, 2nd, 3rd WorldWillie

Brandt

This map is still a vestige of the Cold War

In the beginning…The “West”

Western Civ., Western

The “West” dominates the World

Aim: to what extent is economic development evenly spread amongst the geographic area of

various individual countries?

USA

GDP by State

Regional GDP

Per Capita Income

% Living in Poverty

Regional European GDP

Aim: how and why does development

vary amongst countries?

Country Development• Identify and associate at least

one country, territory, “place,” and or region with each of Rostow’s stages of economic development.

http://en.wikipedia.org/wiki/Health_care_in_Canada