INTD 200 Lecture Notes - World Bank, Gfk Entertainment Charts, Marshall Plan
Document Summary
What are the differences between gdp per capita and. Both average: no diff made between rural or urban areas, rich or poor. Gdp includes any eco activity e. g. oil spill. Any money spent fixing the problem and damage will be added to gdp, they will increase the gdp: one of the problems: discuss differences between different conceptions of poverty. The income/consumption approach, capabilities approach, and social exclusion approach. What you make vs what you spend which makes the poverty line. Canada : in the north cost of living is much higher. This may affect poverty line, what they need to spend to make basic needs. Capabilities approach: sears: development is a realization of the potential of human (6 approaches) Role played: accumulated when western countries invested and gave loans to developing countries. Increased interest rates on developing countries so mexico, brazil defaulted on their debt and could not repay.