Empowering Economic and Human Development (Leaving Cert Geography): Flashcards
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Aid dependency
Aid dependency
When LEDCs rely heavily on foreign assistance for income, reducing motivation to develop own capacity
Effect of aid dependency on local initiative
Effect of aid dependency on local initiative
Reduces motivation to develop own economic capacity
Market distortion in aid
Market distortion in aid
Free/subsidised goods undercut local producers
Impact of food aid on local farmers
Impact of food aid on local farmers
Cannot compete with free food; sales decline; production weakens
Corruption risk in aid programmes
Corruption risk in aid programmes
Aid diverted by corrupt officials for personal gain
Undermining local autonomy in aid
Undermining local autonomy in aid
External groups impose priorities without consulting locals
Debt burden from aid
Debt burden from aid
Aid as loans traps countries in debt cycles
Total aid Haiti received
Total aid Haiti received
Over $20 billion
Haiti's GNI per capita (2022)
Haiti's GNI per capita (2022)
$1,420
Haiti's UN HDI ranking
Haiti's UN HDI ranking
163rd out of 191 nations
Haiti's Corruption Index score (2022)
Haiti's Corruption Index score (2022)
17 (0=highly corrupt, 100=very clean)
Haiti's global corruption ranking
Haiti's global corruption ranking
171st out of 180 countries
Aid lost to corruption in Haiti
Aid lost to corruption in Haiti
Approximately $4 million
Haiti's economic dependencies
Haiti's economic dependencies
Remittances from overseas Haitians & foreign aid
Solutions for Haiti's aid failures
Solutions for Haiti's aid failures
Transparent governance, grants not loans, build self-sufficiency