4. Reducing Disparities

Aims:

  • To be able to discuss the different ways in which disparities can be reduced with an emphasis on trade and market access, debt relief, aid and remittances.
  • To develop the skill of searching for the important points in a large document.

Read here what OXFAM demanded in January 2013 with regards to movement on global disparities:

Oxfam seeks ‘new deal’ on inequality from world leaders

A beginners’ guide to Davos

(World Economic Forum held in Davos, Switzerland, 2013)

Disparities can be reduced via:

  • trade – selling things
  • market access – being able to sell things
  • fairtrade – selling things for a fair price
  • debt relief – reduction in a country’s debts or the repayments upon those debts
  • aid – monies donated by one country or organization to another
  • remittances – money sent home by workers who have migrated

Summary notes are available Strategies for reducing disparities

Here is a range of resources for you to use:

TRADE

What is it? How does it work? Examples
Wikipedia definition World Trade Organisation

The Guardian  has links to many stories about trade & development.

The Guardian – Are export processing zones the new sweatshops, or drivers of development?

info.worldbank.org – A PDF that examines an export processing zone in Malaysia.

MARKET ACCESS

What is it? How does it work? Examples

Wikipedia definition

Harvard.edu

 UN.org MDG relating to market access

OECD

 The Guardian – China/Australia free trade agreement.

Informafrica.com – Sierra Leone gets access to EU fish market

Video from CNBC Africa about Kenya losing market access

Wikipedia – Cotonou Agreement

FAIRTRADE

What is it? How does it work? Examples

 fairtrade.org

World Fair Trade Organisation

[mediacore height=”225″ public_url=”http://nis-school.mediacore.tv/media/tipping-the-balance-what-is-fairtrade” thumb_url=”http://cdnassets.mediacore.tv/static/814dc032/images/defaults/generic/generic-l.png” title=”Tipping the balance (what is Fairtrade)” width=”400″]

The Guardian – Fair trade success with chocolate

The Guardian – Fair trade not working 

The Guardian – Fair trade does make a difference.

The Guardian – Fair trade is unjust

DEBT RELIEF

What is it? How does it work?  Examples
Wikipedia definition

International Monetary Fund (IMF) 

IMF fact sheet

 BBC – Brazil to write of African debt

One.org

The Guardian – Sustainable development goals promise little respite for indebted poor countries.

AID

What is it? How does it work? Examples

 Wikipedia definition

BBC Bitesize (with pros and cons)

 BBC News – Emergency aid in Haiti

Center for Global Development – When does foreign aid work?

 The Guardian – is trade, not aid, the answer for Africa?

The Guardian – Second-hand clothes in Africa

The Guardian – Cast-off UK clothes make Zambia poor.

New Statesman – Does aid work?

Speigel.de – Why development aid for Africa has failed.

Interesting article from the Guardian – Aid in reverse

REMITTANCES

What is it? How does it work? Examples

 The World Bank – Migration, remittances, diaspora & development

Youtube – TED talk about remittances – Note you may need a VPN to view.

New rivers of gold | The Economist

 BBC News – Remittance cash ‘tops’ world aid

Remittances-Migration Policy Institute

The Guardian -Migrants millions put aid in shade

The Guardian – Interactive resource

Reuters – Indonesian migrants’ remittances fail to develop economy at home

 

How can we best tackle the disparities which exist globally in terms of wealth and development? – Former students discuss.

And finally, here is a TED talk discussing the future of the MDGs after 2015:

Task: Evaluate the effectiveness of any two of the following strategies that seek to reduce disparities;

1. Trade & market access
2. Debt relief
3. Aid
4. Remittances.

 

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