Human Development Index

Income Distribution and Economic Growth in LDC's INTRODUCTION In recent years, one of the major concerns of economic development is the study of poverty, the income distribution and growth in the less developed countries (LDC’s) or Third World countries. Economists from all over the world have been doing researches and studies on how to induce a growth in those underdeveloped countries. However, countries differentiate in historical backgrounds, cultural believes and natural resources.

Views on Sustainable Development with Specific Reference to Sub-Saharan Africa Allen (1980) puts forward his definition of sustainable development as "development that is likely to achieve lasting satisfaction of human needs and improvement of the quality of human life." The important phrase to consider in this definition is "likely to achieve". This concept in theory can be effective and implemented successfully, however we can critically discuss the concept in terms

Examine how globalisation has resulted in winners and losers (15) Globalisation is the process by which the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange. Globalisation over the past hundred years has undoubtedly made the world more interconnected including closer societies, politics, economies, cultures and the environment. Globalisation has increased the production of goods and services. There are those who argue that globalisation

there exists a large amount of child labor in cocoa producing countries. Meanwhile in the chocolate factories (which are mainly located in developed countries), the transnational corporations boast about their compromise with ethics, particularly human rights and environmental protection. This reality is a reflection of the income distribution inequality in the production and marketing of

Poverty was originally inevitable as a result of world affairs, such as slavery, wars and battles for independence. After world affairs has settled, majority of countries recovered from their despair and hardship. Today, the worldwide rate of poverty has dropped dramatically except in sub-Saharan Africa. Jeffery D. Sachs has spent 25 years working in indigent countries of Africa in effort to understand the cause of their endeavors with extreme poverty. Sachs, then, provided an analysis of why extreme

The term “development” has been used by political, economic and international relations scholars to explain the relative economic statutes of various countries around the world. Numerous scholars have concerns about the potentially hegemonic nature of using the term “development”. Rhetorically, their concerns range from potential bias at the expense of indigenous methods to the continuation of western imperialist domination and exploitation of lands yet to be further explored. A few of the main concerns

Donations raises by such media product have better the lives of thousands of individuals trapped in poverty and hunger. Yet authorities claims that it is the sustainable development of agriculture that can truly reducing both poverty and hunger in rural areas, which results in a media campaign launched by Food and Agriculture Organization of the United Nations in 1993 to propel agricultural innovations in the Philippines. In

Mimi Thi Nguyen argues in The Gift of Freedom: War, Debt, and Other Refugee Passages that by bestowing upon others some benefits, countries are actually attempting to maintain their future hegemony through placing the recipients in positions of indefinite indebtedness (2012). This opinion is still applicable to the current global power system. Under this system, the voices of the powerful, mainly the United States, are given enough expressions, while the voices of those powerless or that receive

1990s, great deals of unions have been formed, such as The New Partnership for Africa 's Development, ASEAN, Andean Community of Nations and MERCOSUR. The emergence of

Nigeria where a 26% rise in per capita income was achieved, but the concern regarding the gap between the rich and the poor outweighed the benefits of this improvement. This clarifies why most Nigerians where moderately happy even after the overall development in the economy (Stokes 2007). This is a reminder that while focusing on economic growth; the government should bear in mind income inequality. Cost of substituting GDP There have been