Global Development and Economic Strategies

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What is the expected outcome of the $2.75 billion promise by G7 to the Global Partnership for Education?

40 million more girls will go to school by 2026

Which of the following is NOT an example of attracting FDI?

Establishment of state-owned enterprises

What is the primary purpose of regional development aid in the 21st century?

Supporting the tertiary sector

What is the result of China joining the WTO in 2001?

China's GDP went from $1.3 trillion in 2001 to $14.7 trillion in 2020

What is the percentage of Kenya's GDP that comes from tourism in 2019?

9% of Kenya's GDP

What is the purpose of the EU's Regional Development Funds?

Infrastructure development in EU member states

What was the change in the US trade balance between 1993 and 2014?

A change from a $54 billion surplus to a $54 billion deficit

What was the result of the tripling of farm exports to the US for Mexico?

An increase in agricultural unemployment

What was the purpose of the balanced budget rule in Mexico?

To decrease public debt

What was the effect of the energy proportionality clause in the USMCA?

It was removed from the USMCA

What was the result of the tripling of inward FDI from the US and Mexico for Canada?

An increase in exports to the US

What was the minimum hourly wage required for factories to qualify for zero tariffs in the USMCA?

$16 per hour

What is the primary issue hindering the economic and social development of the DRC?

Corruption and lack of transparency in the mining sector

Why does Haiti have a lower Human Development Index (HDI) compared to the Dominican Republic?

The Dominican Republic has a more developed economy and better infrastructure

What is a significant consequence of deforestation in Haiti?

Soil erosion and deterioration of water habitats

What is the primary reason for the high levels of poverty in Haiti?

The country's history of political instability and corruption

What is the significance of the 2010 earthquake in Haiti?

It resulted in a cholera outbreak

What is the primary difference between the economic situations of Haiti and the Dominican Republic?

The Dominican Republic has a more developed economy and better infrastructure

What is the primary factor that leads to regional divergence according to the Cumulative Causation theory?

The initial advantages of a particular region

What is the term for the area experiencing the most rapid economic growth, according to Gunnar Myrdal's theory?

Core

What is the result of the backwash effects in the periphery, according to the Cumulative Causation theory?

A drain of labor, capital, and resources from the periphery

According to the Cumulative Causation theory, what is the primary goal of government policies aimed at reducing regional disparities?

To promote regional convergence and equal opportunities

What is the relationship between the core and periphery regions, according to the Cumulative Causation theory?

The core experiences economic growth, while the periphery experiences economic stagnation

In what ways does the Cumulative Causation theory suggest that regional disparities can be addressed?

Through a combination of government agencies, tax policies, and subsidies

What is the primary environmental concern associated with the increased use of the Northern Sea Route and Northwest Passage?

Disruption of fragile ecosystems

What is the estimated reduction in travel time between East Asia and Western Europe using the Northern Sea Route compared to traditional routes?

10-15 days

Why is the Northwest Passage only open for 3-4 months a year?

Due to sea ice melting

What is the primary advantage of using the Northern Sea Route and Northwest Passage for trade?

Reduced travel times and lower energy costs

What is the estimated decrease in shipping distance between East Asia and Western Europe using the Northwest Passage compared to traditional routes?

40-50%

Why is there a need for Canadian investment and approval for the use of the Northwest Passage?

Due to the need for infrastructure development

Test your knowledge on global development strategies, including economic development, industrialization, and multilateral aid. Learn about the role of global governance and partnerships in promoting education and development.

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