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Description
Flashcards by Anita Amoah Year 11, updated more than 1 year ago
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Created by Anita Amoah Year 11
over 5 years ago
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| Question | Answer |
| WHAT ARE THE DIFFERENT TYPES OF AID? x8 | - Short-term aid - Long-term aid - Bilateral aid - Multilateral aid - Voluntary aid Tied aid |
| WHAT IS SHORT_TERM AID? | emergency help usually sent in response to a natural disaster. |
| WHAT IS LONG-TERM AID? | sustainable aid that seeks to improve to improve resilience |
| WHAT IS BILATERAL AID? | aid from one country to another (often tied) |
| WHAT IS MULTILATERAL AID? | richer governments give money to international organisations (e.g. the World Bank) which is then redistributed |
| WHAT IS VOLUNTARY AID? | money donated by the general public in richer countries and redistibuted by NGO's (e.g. Oxfam) |
| WHAT IS TIED AID? | aid that is given with certain conditions (e.g. aid money has to be spent on donors products) |
| WHY MIGHT AID BE BAD? | - can damage the environment - can change local traditions - can discourage independence - may not be sustainable as is too complex for locals - may not reach those in need (due to coruption, lack of transport etc.) |
| WHAT IS INTERMEDIATE TECHNOLOGY? | sustainable technology that is appropriate to the needs, skills, and knowledge of the locals. It shouldn't put people out of work. |
| WHAT IS AN EXAMPLE OF INTERMEDIATE TECHNOLOGY? | CHAMBAMONTERA MICRO-HYDRO SCHEME - waterfalls create HEP - locals are train to manage HEP plants - are able to utilise time after dark technology in homes & schools - reduced rural-urban migration - cheap & eco-friendly |
| WHAT US DEBT RELIEF? | the world's richest countries (the G8) agreed to cancel the debt of many HIPC's |
| WHAT DID COUNTRIES HAVE TO SHOWCASE TO QUALIFY FOR DEBT RELIEF? | - that they could manage their own finances - that there was no corruption in their government - Agree to spend saved debt money on education, healthcare and reducing poverty |
| WHAT IS MICROFINANCE? | the small scale financial financial support available directly from banks set up to help the poor |
| HOW IS MICROFINANCE BENEFICIAL? | microfinance loans enables individuals to start up small business allowing self-sufficiency. This increases employment opportunities and incomes. |
| WHAT IS AN EXAMPLE OF MICROFINANCE? | GRAMEEN BANK, BANGLADESH Loans are often less than $100 with low interest. e.g. village women were lent $200 to buy a phone. which they then loaned out to others to repay the loan & used to find the best place to trade. |
| WHAT IS FAIR TRADE? | An international movement which |
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