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Reducing the global development gap

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Key idea Specification content
Various strategies exist for reducing the global development gap. An overview of the strategies used to reduce the development gap: investment, industrial development and tourism, aid, using intermediate technology, fairtrade, debt relief, microfinance loans. An example of how the growth of tourism in an LIC or NEE helps to reduce the development gap.

Use the PowerPoint below to gain an understanding in the ways in which the development gap between HICs and LICs can be reduced.

Key words – Aid, fair trade, debt relief, investment, industrial development, tourism, intermediate technology and microfinance loans

Year 11 – Economic – Development gap

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