1004_CHAPTER7F09

1004_CHAPTER7F09 - Chapter 7 Patterns of Economic...

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Chapter 7 – Patterns of Economic Development Over-arching questions: 1. What is the spatial pattern of economic development levels? 2. What role do international aid and international debt play in development? 3. How do the locations of commercial and industrial areas affect economic interdependence?
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Economic Development Always an uneven geographic phenomenon Think about different spatial scales: The US may be a wealthy country, but there are local pockets of poverty that rival undeveloped countries. Similarly, poor countries have wealthy areas
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Economic Development Developed: core North America Europe Japan Less developed or developing Periphery and semi-periphery
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Economic Development Economic indicators Gross domestic product (GDP) Gross national income (GNI) previously known as GNP Includes income from production abroad Purchasing power parity (PPP) Used to better compare GDP & GNI between different countries Standardizes currency Reported as “GNI in PPP international dollars”
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Economic Development 2003 Spatial Pattern Gross national income, per capita, in PPP international $ US=$37,500, Norway=$37,300 Sierra Leone=$530, Malawi=$600
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Economic Development http://www.worldbank.org/depweb/beyond/global/chapter4.html
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Economic Development Spatial Pattern Regional inequalities in economic development The US is a developed country, but there is regional inequality. What is an area that would be considered an economically depressed region?
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Economic Development The World Bank uses $2/day income to define “poverty” and $1/day to define “extreme poverty” Highly industrialized countries define their own poverty line US has ~13-17% of population living under the poverty line The 2009 Poverty Guidelines for the 48 Contiguous States and the District of Columbia Persons in family Poverty guideline 1 $10,830 2 14,570 3 18,310 4 22,050 5 25,790 6 29,530 7 33,270 8 37,010 For families with more than 8 persons, add $3,740 for each additional person. http://aspe.hhs.gov/poverty/09poverty.shtml
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Economic Development http://www.worldbank.org/depweb/beyond/global/chapter6.html
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Economic Development Temporal pattern What does this figure show you?
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Economic Development Spatial Justice (What does uneven distribution of income mean for people?) Index of Human Development Incorporates life expectancy, educational attainment, personal income hdr.undp.org/reports/global/2005/pdf/HDR05_HDI.pdf
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Economic Development Spatial Justice HDI scores are based on measures of life expectancy, educational attainment, and personal income. 2002 Highest: Norway (0.956) Lowest: Sierra Leone (0.273)
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Economic Development Putting spatial variation in development in perspective Basic education for all children in peripheral countries would cost $6 billion per year Less than annual cosmetics sales in United States
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Economic Development Putting spatial variation in development in
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This note was uploaded on 08/30/2011 for the course ART 3514 taught by Professor Dhbannan during the Summer '03 term at Virginia Tech.

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1004_CHAPTER7F09 - Chapter 7 Patterns of Economic...

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