2686913
Description
Mind Map by Emily Young, updated more than 1 year ago
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Created by Emily Young
about 9 years ago
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Inequalities in wealth
- Incidence of disparities
- between nations
- GDP PPP DRC
- 800
- 800
- GDP PPP Qatar
- 136,000
- 136,000
- Wealth is concentrated in West / Northern America
- Info from Oxfam
- GDP PPP DRC
- Within nations
- UK richest
familes own
equal to
poorest 30% -
Oxfam
- UK richest
familes own
equal to
poorest 30% -
Oxfam
- between nations
- Why is it happening?
- Different political / historical systems
- Former soviet
- Former soviet
- Economic
dominance
- Ford
- Richer than
South Africa
- Richer than
South Africa
- Glencore
- 29 billion dollars of copper taken
from Zambia over last 10 years
- 29 billion dollars of copper taken
from Zambia over last 10 years
- Tiger Woods
- Paid more than most of
Indonesian workforce
- Paid more than most of
Indonesian workforce
- Ford
- Countries burden of debt
- Zambia - 1 dollar aid - 10 dollars debt payment
- Zambia - 1 dollar aid - 10 dollars debt payment
- Different political / historical systems
- What's being done?
- Foriegn aid
- 1 dollar in 10 dollars out - Zambia
- 1 dollar in 10 dollars out - Zambia
- Fair trade
- FLO monitors supply chain to maintain standards
- Is it helping
- Yes - FLO said workers got
an extra 100million dollars
in 2004 because of fair
trade
- No - Economist - abolishing agricultural
subsidies in the West would help much more
(24 billion dollars)
- Yes - FLO said workers got
an extra 100million dollars
in 2004 because of fair
trade
- Is it helping
- FLO monitors supply chain to maintain standards
- Debt
- IMF
- Len 24 billion to
Suharto /
Indonesia (1/3
went to his friends
and family) People
today must pay
back 100,000
dollars a day yet
live in poverty
- Len 24 billion to
Suharto /
Indonesia (1/3
went to his friends
and family) People
today must pay
back 100,000
dollars a day yet
live in poverty
- IMF
- Changes in law on tax
- Tax
avoidance
cost 160
billion dollars
last year
(according to
Why Poverty)
- Tax
avoidance
cost 160
billion dollars
last year
(according to
Why Poverty)
- WTO
- positives
- disputes can be dealt with independently
- obverts war
- disputes can be dealt with independently
- negatives
- Independent of governments - big businesses can call the shots
- Embryo World Government - Economist
- Independent of governments - big businesses can call the shots
- positives
- Free trade
- positives
- cheaper food
- more consumer choice
- trade stimulates economic growth
- cheaper food
- negatives
- Mexico / USA corn subsidy
- developing
countries take
longer to see
benefits
- Mexico / USA corn subsidy
- positives
- Foriegn aid
- How commited are wealthy nations in helping the poor?
- Oxfam
- 2015 half global wealth held by 1%
- 2015 half global wealth held by 1%
- MDG 1 - eradicate extreme poverty and hunger
- target of halving poverty met before 2015
- 1.2 billion still in poverty
- target of halving poverty met before 2015
- Greece
- European countries reluctant to bail out and cut Greek debts
- European countries reluctant to bail out and cut Greek debts
- Oxfam
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