Developing countries in various regions still experience high levels of poverty, poor health, lack of water and sanitation, and low levels of educational attainment. Many of these nations’ trade levels have declined after the post-2008 global financial crisis which may adversely impact on the new Sustainable Development Goals (SDGs). Human capital (education and health, international trade and foreign capital flows (i.e. external finance such as foreign aid, foreign direct investment) have been regarded as a vital resource in supplementing domestic resources to enhance economic and social development.
· Examine how poverty, poor human capital and low levels of trade will impact on sustainable development goals and targets – see SDGs 1, 2, 3, 4, 8, and 17 – to improve growth and wellbeing.
· Discuss the importance of foreign aid and aid for trade for economic development and social development to improve developing countries global trade (see SDGs 8 and 17). Provide specific country examples to support your answer.
Suggested Readings: Todaro and Smith (2015) Chapter 1 (pp. 24-57) and SDGs (Lecture 1A notes); Chapter 5 (pp.240-62); Chapter 8 (pp. 382-90; 396-402; 406-25); Chapter 12 (pp. 603- 610; 659-62); and Chapter 14 (747- 57; 757-71). See Set Readings from Section C.1 and B1, United Nations websites for SDGs and journal articles in these topics. You must also use other relevant sources during your research.
Developing countries in various regions still experience high levels of poverty, poor health, lack of water and sanitation, and low levels of educational attainment. Many of these nations’ trade levels have declined after the post-2008 global financial crisis which may adversely impact on the new Sustainable Development Goals (SDGs). Human capital (education and health, international trade and foreign capital flows (i.e. external finance such as foreign aid, foreign direct investment) have been regarded as a vital resource in supplementing domestic resources to enhance economic and social development. Examine how poverty, poor human capital and low levels of trade will impact on sustainable development goals and targets – see SDGs 1, 2, 3, 4, 8, and 17 – to improve growth and wellbeing. Discuss the importance of foreign aid and aid for trade for economic development and social development to improve developing countries global trade (see SDGs 8 and 17). Provide specific country examples to support your answer. Suggested Readings: Todaro and Smith (2015) Chapter 1 (pp. 24-57) and SDGs (Lecture 1A notes); Chapter 5 (pp.240-62); Chapter 8 (pp. 382-90; 396-402; 406-25); Chapter 12 (pp. 603- 610; 659-62); and Chapter 14 (747- 57; 757-71). See Set Readings from Section C.1 and B1, United Nations websites for SDGs and journal articles in these topics. You must also use other relevant sources during your research. 2000 WORDS