Ecological Debt
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Ecological Debt
Ecological debt refers to the supposed accumulation of debt of the Global North to Global South countries, due to the net sum of historical environmental injustice, especially through resource exploitation, habitat degradation, and pollution by waste discharge. The concept was coined by Global Southerner non-governmental organizations in the 1990s and its definition has varied over the years, in several attempts of greater specification. Within the ecological debt broad definition, there are two main aspects: the ecological damage caused over time by a country in one or other countries or to ecosystems beyond national jurisdiction through its production and consumption patterns; and the exploitation or use of ecosystems over time by a country at the expense of the equitable rights to these ecosystems by other countries. History The term 'ecological debt' first appeared on paper in 1985, in a yellow booklet with the title “Women in movement" made by the German ecofeminist E ...
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Chile
Chile, officially the Republic of Chile, is a country in the western part of South America. It is the southernmost country in the world, and the closest to Antarctica, occupying a long and narrow strip of land between the Andes to the east and the Pacific Ocean to the west. Chile covers an area of , with a population of 17.5 million as of 2017. It shares land borders with Peru to the north, Bolivia to the north-east, Argentina to the east, and the Drake Passage in the far south. Chile also controls the Pacific islands of Juan Fernández, Isla Salas y Gómez, Desventuradas, and Easter Island in Oceania. It also claims about of Antarctica under the Chilean Antarctic Territory. The country's capital and largest city is Santiago, and its national language is Spanish. Spain conquered and colonized the region in the mid-16th century, replacing Inca rule, but failing to conquer the independent Mapuche who inhabited what is now south-central Chile. In 1818, after declaring in ...
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Stagflation
In economics, stagflation or recession-inflation is a situation in which the inflation rate is high or increasing, the economic growth rate slows, and unemployment remains steadily high. It presents a dilemma for economic policy, since actions intended to lower inflation may exacerbate unemployment. The term, a portmanteau of '' stagnation'' and ''inflation'', is generally attributed to Iain Macleod, a British Conservative Party politician who became Chancellor of the Exchequer in 1970. Macleod used the word in a 1965 speech to Parliament during a period of simultaneously high inflation and unemployment in the United Kingdom.Introduction, page 9. Warning the House of Commons of the gravity of the situation, he said: Macleod used the term again on 7 July 1970, and the media began also to use it, for example in ''The Economist'' on 15 August 1970, and ''Newsweek'' on 19 March 1973. John Maynard Keynes did not use the term, but some of his work refers to the conditions that ...
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Structural Adjustment
Structural adjustment programs (SAPs) consist of loans (structural adjustment loans; SALs) provided by the International Monetary Fund (IMF) and the World Bank (WB) to countries that experience economic crises. Their purpose is to adjust the country's economic structure, improve international competitiveness, and restore its balance of payments. The IMF and World Bank (two Bretton Woods institutions) require borrowing countries to implement certain policies in order to obtain new loans (or to lower interest rates on existing ones). These policies are typically centered around increased privatization, liberalizing trade and foreign investment, and balancing government deficit. The conditionality clauses attached to the loans have been criticized because of their effects on the social sector. SAPs are created with the stated goal of reducing the borrowing country's fiscal imbalances in the short and medium term or in order to adjust the economy to long-term growth. By requiring the ...
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Volcker Shock
Paul Adolph Volcker Jr. (September 5, 1927 – December 8, 2019) was an American economist who served as the 12th chairman of the Federal Reserve from 1979 to 1987. During his tenure as chairman, Volcker was widely credited with having ended the high levels of inflation seen in the United States throughout the 1970s and early 1980s. He previously served as the president of the Federal Reserve Bank of New York from 1975 to 1979. President Jimmy Carter nominated him to succeed G. William Miller as Fed chairman and President Ronald Reagan renominated him once. Volcker did not seek a third term at the Fed and was succeeded by Alan Greenspan. After his retirement from the Board, he chaired the Economic Recovery Advisory Board under President Barack Obama from 2009 to 2011 during the subprime mortgage crisis. Early life and education Volcker was born in Cape May, New Jersey, the son of Alma Louise (née Klippel, 1892–1990) and Paul Adolph Volcker (1889–1960).Treaster (200 ...
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Friends Of The Earth
Friends of the Earth International (FoEI) is an international network of environmental organizations in 73 countries. The organization was founded in 1969 in San Francisco by David Brower, Donald Aitken and Gary Soucie after Brower's split with the Sierra Club because of the latter's positive approach to nuclear energy. The founding donation of $500,000 (in 2019 USD) was provided by Robert Orville Anderson, the owner of Atlantic Richfield oil company. It became an international network of organizations in 1971 with a meeting of representatives from four countries: U.S., Sweden, the UK and France. FoEI currently has a secretariat (based in Amsterdam, Netherlands) which provides support for the network and its agreed major campaigns. The executive committee of elected representatives from national groups sets policy and oversees the work of the secretariat. In 2016, Uruguayan activist Karin Nansen was elected to serve as chair of the organization. Campaign issues Friends of ...
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Ecuador
Ecuador ( ; ; Quechua: ''Ikwayur''; Shuar: ''Ecuador'' or ''Ekuatur''), officially the Republic of Ecuador ( es, República del Ecuador, which literally translates as "Republic of the Equator"; Quechua: ''Ikwadur Ripuwlika''; Shuar: ''Ekuatur Nunka''), is a country in northwestern South America, bordered by Colombia on the north, Peru on the east and south, and the Pacific Ocean on the west. Ecuador also includes the Galápagos Islands in the Pacific, about west of the mainland. The country's capital and largest city is Quito. The territories of modern-day Ecuador were once home to a variety of Indigenous groups that were gradually incorporated into the Inca Empire during the 15th century. The territory was colonized by Spain during the 16th century, achieving independence in 1820 as part of Gran Colombia, from which it emerged as its own sovereign state in 1830. The legacy of both empires is reflected in Ecuador's ethnically diverse population, with most of its mill ...
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Global South
The concept of Global North and Global South (or North–South divide in a global context) is used to describe a grouping of countries along socio-economic and political characteristics. The Global South is a term often used to identify regions within Latin America, Asia, Africa, and Oceania. It is one of a family of terms, including "Third World" and "Periphery", that denote regions outside Europe and North America. Most, though not all, of these countries are low-income and often politically or culturally marginalized on one side of the divide, while on the other side are the countries of the Global North (often equated with developed countries). As such, the term does not inherently refer to a geographical south; for example, most of the Global South is geographically within the Northern Hemisphere. The term as used by governmental and developmental organizations was first introduced as a more open and value-free alternative to "Third World" and similarly potentially "valuin ...
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Environmental Organization
An environmental organization is an organization coming out of the conservation or environmental movements that seeks to protect, analyse or monitor the environment against misuse or degradation from human forces. In this sense the environment may refer to the biophysical environment or the natural environment. The organization may be a charity, a trust, a non-governmental organization, a governmental organization or an intergovernmental organization. Environmental organizations can be global, national, regional or local. Some environmental issues that environmental organizations focus on include pollution, plastic pollution, waste, resource depletion, human overpopulation and climate change. Intergovernmental organizations Global organizations * Global Alliance on Health and Pollution (GAHP) * Earth System Governance Project (ESGP) * School strike for climate or Fridays for Future (FFF) * Global Green Growth Institute (GGGI) * Intergovernmental Panel on Climate Change (IP ...
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Misael Pastrana Borrero
Misael Eduardo Pastrana Borrero (14 November 1923 – 21 August 1997) was a Colombian politician and lawyer who served as the List of Presidents of Colombia, 23rd President of Colombia from 1970 to 1974. He was also the father of the 30th President Andrés Pastrana Arango. Biography Personal life Pastrana was born in Neiva, Huila Department, Huila.Arismendi Posada, Ignacio; ''Gobernantes Colombianos''; trans. Colombian Presidents; Interprint Editors Ltd., Italgraf, Segunda Edición; Page 241; Bogotá, Colombia; 1983 Pastrana was a Colombian conservative politician, President of Colombia in the period 1970-1974. Born in the home of Misael Pastrana Pastrana and Elisa Borrero Perdomo, studied Law in Javeriana University of Bogotá and in the Ferri Institute of Rome. He had been affiliated to the Conservative Party (which he would later rename as the Social Conservative Party). He was the private secretary of the President Mariano Ospina Pérez (1949-1952)and three times a ministe ...
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