Poverty and Trade : Glossary

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Child mortality rate
24 September 2003
The number of deaths among children under 5 years old per 1,000 children in the same age group.
Environment
23 May 2002
A combination of the various physical and biological elements that affect the life of an organism. Although it is common to refer to 'the' environment, there are in fact many environments eg, aquatic or terrestrial, microscopic to global, all capable of change in time and place, but all intimately linked and in combination constituting the whole earth/atmosphere system.
Developed countries/nations/world
23 May 2002
See the West.
Developing countries/nations/world
23 May 2002
The world's less wealthy nations, mostly former colonies: ie most of Asia, Africa, Latin America and the South Pacific. Also sometimes referred to as the South.Source: The Community Tourism Guide by Mark Mann, published by Earthscan Publications, London, 2001.
Fair trade
23 May 2002
Equitable, non-exploitative trade between developing world suppliers and Western consumers.Source: The Community Tourism Guide by Mark Mann, published by Earthscan Publications, London, 2001.
Multinational corporation
23 May 2002
See transnational corporation.
North, the
23 May 2002
See the West.
South, the
23 May 2002
See developing countries.
Third World, the
23 May 2002
Now generally referred to as either developing countries or the South.Source: The Community Tourism Guide by Mark Mann, published by Earthscan Publications, London, 2001.
Transnational corporation
23 May 2002
Correctly, a large company with shareholders in more than one country. The term is often used more loosely to mean any large, powerful, Western-owned company.Source: The Community Tourism Guide by Mark Mann, published by Earthscan Publications, London, 2001.