Causes of Inequality in the Global Economy (HSC SSCE Economics): Flashcards
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Two main categories causing global inequality
Two main categories causing global inequality
Global factors and domestic factors
OECD agricultural support in 2021 (billions)
OECD agricultural support in 2021 (billions)
245 billion USD
Least developed countries' share of global FDI in 2021
Least developed countries' share of global FDI in 2021
1.2%
Development aid target as % of GNI (promised since 1970s)
Development aid target as % of GNI (promised since 1970s)
0.7% of GNI
Proportion of world not using internet in 2022
Proportion of world not using internet in 2022
One-third
People lacking electricity in 2020 (millions)
People lacking electricity in 2020 (millions)
750 million (10% of global population)
By 2030, % of extreme poor in fragile/conflict states
By 2030, % of extreme poor in fragile/conflict states
85%
Women's economic rights compared to men globally
Women's economic rights compared to men globally
Three-quarters
Proportion of aid that was tied aid in 2021
Proportion of aid that was tied aid in 2021
One in five aid dollars
Annual cost of corporate tax avoidance (billions)
Annual cost of corporate tax avoidance (billions)
Up to 240 billion USD