10/12/2024 Chapter 6
-Early 1980s 44% of the world population was in extreme poverty. 2016 changed to less
than 10%.
-Stagnation in economically developed countries fuels anti-trade sentiment, restrictions
on immigration, and other trends that hamper productivity, growth and innovation.
-98% of those who struggle to meet basic nutritional needs are in developing countries.
Concentrated pockets of hunger
-Great Recession: Global economic downturn between the 2000s and 2010s.
-Many developing countries bounced back better than developed countries. Advanced
economies still suffer several years of lackluster growth.
-Spillover affects nearby countries. Falling commodity prices and natural disasters result in
lower agricultural productivity and rising food prices.
-Most LICs are more resilient now. Suggests more economic diversity in Global South.
GNI: Gross national income per capita. Egyptian making $10,690 vs Zimbabwean making
$850
-Brazil started as one of the most unequal countries in the world but made much progress
against this in their first decade.
-From 1960 – 2014 there was a 50% drop-in global adolescent fertility rate. Still extremely
high in several countries.
-1990s, African children 19x more likely to die before reaching their 5th birthday than
children in HICs.
-Development indices include caloric intake, access to clean water, sanitation access,
telephones and computers.
-~3.2 billion internet users globally, 2 billion from developing countries.
-Access to high-speed internet has proven to be crucial in providing information needed to
achieve economic, social, and other goals.
-Human development goes beyond material needs. People need to be creative, productive,
have dignity, and enjoy belonging in a community.
-Ultimately about freedom. Process of enlarging people’s choices and providing access to
thing valuable to their well-being.
-Different LICs make progress in certain aspects than others.
-Early 1980s 44% of the world population was in extreme poverty. 2016 changed to less
than 10%.
-Stagnation in economically developed countries fuels anti-trade sentiment, restrictions
on immigration, and other trends that hamper productivity, growth and innovation.
-98% of those who struggle to meet basic nutritional needs are in developing countries.
Concentrated pockets of hunger
-Great Recession: Global economic downturn between the 2000s and 2010s.
-Many developing countries bounced back better than developed countries. Advanced
economies still suffer several years of lackluster growth.
-Spillover affects nearby countries. Falling commodity prices and natural disasters result in
lower agricultural productivity and rising food prices.
-Most LICs are more resilient now. Suggests more economic diversity in Global South.
GNI: Gross national income per capita. Egyptian making $10,690 vs Zimbabwean making
$850
-Brazil started as one of the most unequal countries in the world but made much progress
against this in their first decade.
-From 1960 – 2014 there was a 50% drop-in global adolescent fertility rate. Still extremely
high in several countries.
-1990s, African children 19x more likely to die before reaching their 5th birthday than
children in HICs.
-Development indices include caloric intake, access to clean water, sanitation access,
telephones and computers.
-~3.2 billion internet users globally, 2 billion from developing countries.
-Access to high-speed internet has proven to be crucial in providing information needed to
achieve economic, social, and other goals.
-Human development goes beyond material needs. People need to be creative, productive,
have dignity, and enjoy belonging in a community.
-Ultimately about freedom. Process of enlarging people’s choices and providing access to
thing valuable to their well-being.
-Different LICs make progress in certain aspects than others.
