DEVS 100 Study Guide - Amartya Sen, World-Systems Theory, Thomas Pogge

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Document Summary

Tiers monde = third world ---- refers to tiers tat = third estate (lowest layer of social pyramid). Non-aligned movement (nam) brought together countries outside of superpower blocs in 1955 which lead third world to mean not superpower rather than impoverished . Moved from third world to newly industrialized countries (nics) which included hong kong, south korea, mexico, brazil, china, south africa etc. Gdp was used to determine developed countries, but it wasn"t accurate because of the chance that it could be high based on natural resource wealth even when rest of economy isn"t doing well. World bank then classified countries into low, middle, and high-income groups to determine loan eligibilities (countries in low and middle are. Fourth world used by aboriginal leader referring to aboriginal peoples. Third world -> nam improving third world meaning -> nics -> low, Middle, high income (wb) -> fourth world -> global south. Gdp per capita figures adjusted by purchasing power parity (ppp).