SOSC 1430 Study Guide - Midterm Guide: History Of Latin America, Sub-Saharan Africa, Neoliberalism
3 Oct 2016
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The growth of income (or gdp) per person is the most basic measure of economic progress that economists use - ignores the distribution of income, as well as environmental and health outcomes. Cigarettes and alcohol - raise gdp but do not increase human welfare. When we look at gdp per person, we are factoring out population growth, since any growth in the economy that is only due to population growth does not improve living standards. American history - region adopted many of the policy reforms that have characterized the past quarter-century - many latin americans have blamed the reforms, which are often labeled neoliberalism there. Decline in progress on life expectancy occurs across a broad range of low and middle income countries and is not con ned to any particular region. Trends in mortality heavily in uenced by sub-saharan africa, where the hiv/aids crisis and armed con ict have greatly increased mortality.
