KEY WORDS

Subdecks (17)

Cards (8)

  • AC - advanced country - e.g. USA, Canada, Europe, Australia, Scandinavia
  • EDC - emerging and developing country - e.g. parts of South America, South Asia
  • LIDC - low income developing country - e.g. Ethiopia, most of sub-saharan Africa
  • GNI - Gross National Income - total value of all goods and services produced in a country
  • Gross National Income (GNI) - Advantages
    • when mapped, GNI can show clear patterns and variations between countries
    • can be used to help prioritise aid payments
    • easy to calculate using official government figures
  • Gross National Income (GNI) - Disadvantages
    • average figures can be misleading - a few very wealthy people in a country can distort the figures
    • in poorer countries, many people work in farming or in the informal sector, where their income is not taken into account by official GNI records
    • data about income is sensitive and people may not always be honest