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Ch. 10: Development Key Question: How is development defined and measured? . . . . GNP: Gross Domestic Product (GDP): Gross National Income (GNI): . Examples: Formal economy: Informal economy: . . . . . . Development Models . . . . Walt Rostow’s Modernization Model: 1. 2. 3. 4. 5. Key Question: How Does Geographical Situation affect Development? . Neocolonialism: Structuralist theory: . Dependency Theory: Dollarization: Geography and Context . . Immanuel Wallerstein’s world-systems theory . Three-tier structure . . . . . . Key Question: What are the barriers to and the costs of economic development? . United Nations Human Development Index (HDI): . Millennium Development Goals: 1. 2. 3. 4. 5. 6. 7. 8. Barriers to Economic Development 1) Social Conditions 2) Foreign Debt . . 3) Disease . . . 4) Political Corruption and Instability . . . . . Costs of Economic Development Industrialization . . . . Agriculture . . . . . Tourism . . . . . . Key Question: How do political and economic institutions influence uneven development within states? . . . The Role of Governments . . . . . Islands of Development . . . . Creating Growth in the Periphery of the Periphery . . . . .