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    Underdevelopment Presentation

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    Here are some key points to consider in your discussion: - Some borrowers may have faced unexpected hardships like job loss, illness or natural disasters that make repayment difficult within 5 years. More time could help in such cases. - However, extending deadlines indefinitely is also not fair to those who repaid on time. A balanced solution is needed. - Forgiving all debt may set a precedent but not addressing genuine hardships is also unfair. Case by case assessment of reasons for default could help decide debt relief. - Borrowers in extreme poverty may need basic needs met before repayment. Debt repayment plans linked to income could make it manageable. - For recurring issues, the fund could explore prevent

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    Underdevelopment Presentation

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    Here are some key points to consider in your discussion: - Some borrowers may have faced unexpected hardships like job loss, illness or natural disasters that make repayment difficult within 5 years. More time could help in such cases. - However, extending deadlines indefinitely is also not fair to those who repaid on time. A balanced solution is needed. - Forgiving all debt may set a precedent but not addressing genuine hardships is also unfair. Case by case assessment of reasons for default could help decide debt relief. - Borrowers in extreme poverty may need basic needs met before repayment. Debt repayment plans linked to income could make it manageable. - For recurring issues, the fund could explore prevent

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    Here are some key points to consider in your discussion: - Some borrowers may have faced unexpected hardships like job loss, illness or natural disasters that make repayment difficult within 5 years. More time could help in such cases. - However, extending deadlines indefinitely is also not fair to those who repaid on time. A balanced solution is needed. - Forgiving all debt may set a precedent but not addressing genuine hardships is also unfair. Case by case assessment of reasons for default could help decide debt relief. - Borrowers in extreme poverty may need basic needs met before repayment. Debt repayment plans linked to income could make it manageable. - For recurring issues, the fund could explore prevent

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    47 views27 pages

    Underdevelopment Presentation

    Uploaded by

    api-270480976
    Here are some key points to consider in your discussion: - Some borrowers may have faced unexpected hardships like job loss, illness or natural disasters that make repayment difficult within 5 years. More time could help in such cases. - However, extending deadlines indefinitely is also not fair to those who repaid on time. A balanced solution is needed. - Forgiving all debt may set a precedent but not addressing genuine hardships is also unfair. Case by case assessment of reasons for default could help decide debt relief. - Borrowers in extreme poverty may need basic needs met before repayment. Debt repayment plans linked to income could make it manageable. - For recurring issues, the fund could explore prevent

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    You are on page 1of 27

    Global

    Classrooms
    October 29, 2014

    Underdeveloped

    Human
    Development Index

    This is a number thats


    calculated using life
    expectancy, literacy rate,
    education level (e.g. degree)
    and income per person.

    HDI Website
    http://worldmap.canadiangeographic.ca/

    Name of Indicator

    A Measure of...

    As Country Develops it
    gets...

    Gross Domestic Product

    Wealth

    Higher

    Gross National Income

    Wealth

    Higher

    GNI per capita

    Wealth

    Higher

    Birth Rate

    Womens Rights

    Lower

    Death Rate

    Health

    Lower

    Infant Mortality Rate

    Health

    Lower

    People Per Doctor

    Health

    Lower

    Literacy Rate

    Education

    Higher

    Access to safe Water

    Health

    Higher

    Life Expectancy

    Health

    Higher

    What are some problems with looking


    only at wealth indicators?

    What are some problems with looking


    only at wealth indicators?
    1. Inaccurate - hard to measure informal economy

    What are some problems with looking


    only at wealth indicators?
    1. Inaccurate - hard to measure informal economy
    2. Sometimes development happens in different
    aspects at different speeds

    What are some problems with looking


    only at wealth indicators?
    1. Inaccurate - hard to measure informal economy
    2. Sometimes development happens in different
    aspects at different speeds
    3. Misleading - there can be huge inequalities in wealth

    Disparity = Difference

    Used to talk about wealth/poverty.


    ...an enormous disparity in the lives of the rich and the poor

    98% of the worlds undernourished people live in developing countries.

    1.4 billion people in developing countries live on $1.25 a day or less.

    Poverty is often regional within countries

    Villa Miseria 31
    Buenos Aires,
    Argentina

    The Favelas of Brazil

    The City of the Dead of Cairo

    Why are some countries underdeveloped?


    A. Environmental/Natural Factors

    Poor Climate
    Poor Farming Land
    Limited Water Supplies

    Why are some countries underdeveloped?


    A. Environmental/Natural Factors

    Lots of Natural Hazards.

    Why are some countries underdeveloped?


    A. Environmental/Natural Factors

    Few Raw Materials

    Why are some countries underdeveloped?


    B. Social Factors:
    Drinking Water:
    Only dirty water available _________________ people can't work
    ____________________
    And these people also cost money to care for.

    What would be possible solution to this problem?

    Why are some countries underdeveloped?


    B. Social Factors:
    Child Education:
    More children go to school ___________________ more money for the country to spend on
    development.

    Possible strategy to address under-education: Invest in Education System.

    Why are some countries underdeveloped?


    C. Economic Factors:

    Poor Trade Links

    What would be a possible solution to this disadvantage ?

    Why are some countries underdeveloped?


    C. Economic Factors:

    An Economy Based on Primary Products

    Countries that mostly export primary products (raw materials) don't make as much profit from these compared to the profit from
    manufactured goods.

    Why do people live


    in slums?

    Slums

    Housing (Shelter)
    is a Basic Human
    Need

    Background:
    You are all residents of the Land of Laguna. Some of the richest citizens of the Land of
    Laguna have created a fund to lend money to other citizens so that they can buy
    houses. They call this the Joatzel Fund. When someone takes out a loan (borrows
    money) from the Joatzel Fund, they must pay off their loan within five years of buying
    a house.
    Scenario:
    You are gathered today for the annual meeting of the Joatzel Fund. You must discuss
    what to do about borrowers who cannot pay off their loans.

    Questions to consider:
    1.
    Should borrowers have more time to pay off their loans?
    2.
    Should you forgive the debt of borrowers who cannot pay off their loans (not make
    them pay all the money that they owe)?

    Think. Pair. Share.


    What do you feel should happen?
    Should everyone have to repay their loans?
    Why or why not?

    Can you think of any other solutions?

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