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Acronyms and Terms Social Studies 11 Chapter 12 Counterpoints GDP G---- D------ P-----Total value of all the g… and s…… produced in a country which excludes all exterior transactions. HIPCs H----- I------- P--- C-------I------- to developed nations. Following WWII developed countries started lending money to developing countries to increase their standard of living. However, this lending system turned out to be flawed and almost counterproductive. IMF I----------- M------- F--(1944) As the Second World War ends, the job of rebuilding national economies begins. The IMF and World Bank are charged with providing loans and development assistance to help countries improve living standards. Megaprojects. SAPs. UNICEF U----- N------ I--------- C-------’s E--------F-- Or, U----- N------ I---------- C-------’s F-- Help provide food and shelter for children around the world. Develop community-level services to promote health and wellbeing of citizens. WHO W---- H----- O---------- Specialized agency of the United Nations. Leadership in global health matters. Providing equitable access to essential care and collective care against transnational threats (disease, obesity, etc.). UNAIDS U----- N------ J---- P----- on HIV/AIDS The development of UNAIDS is a means of responding to the HIV/AIDS pandemic. Through multilateral aid, UNAIDS works to educate people about the transmission of HIV/AIDS. (sexual acts, blood transfusions, used needles, mother to child during birth.) CIDA C------- I----------- D---------- A----- Established 1968 Government organization. Mission: Lead Canada’s international effort to help people living in poverty. Currently working in the Halifax G8 Development Ministers Meeting NGOs N---G--------- O------------ No participation with any government Humanitarian issues, Developmental Aid, Sustainable Development Levels: Grassroots level, City wide, National, International. Funding through volunteers and fundraising. EG: International Committee of the Red Cross HDI H---- D---------- I---Canada Ranked 4th in 2010 Adult Literacy (percent of pop. over 15 that reads) Life Expectancy (average lifespan) Per Capita GDP (GDP divided by total population) With these three measurements, HDI attempts to give the crude levels of economic and social development. Infrastructure Structures such as roads, railways, power grids, and communications links that are basic to the functioning of a modern economy, as well as buildings such as schools and hospitals. Developed Country A country with a highly developed economy – strong service sector and typically an industrial base. High standards of living, high literacy, health services, and food supplies. Developing Country Economy which depends more on primary industry with a lower standard of living. What is primary industry? Structural Adjustment Program A program in which debtor governments agree to encourage foreign investment, grow cash crops for export, and have some government services run by private companies. Multi-national Corporations A large company that operates in more than one country. Currently, MNC’s have more assets and annual income than developing countries, and have both economic and political power. Bilateral Aid Aid given from one country to another. Sometimes this aid becomes tied. Tied Aid: Aid which comes with conditions. Multilateral Aid Multiple governments fund aid. EG: World Bank.