Comparative Economic Development
|
|
- Christiana Barton
- 5 years ago
- Views:
Transcription
1 Chapter 3 Comparative Economic Development Principles and Concepts 1
2 I. Common characteristics of developing countries These features in common are on average and with great diversity, in comparison with developed countries: Lower levels of living and productivity Lower levels of human capital Higher levels of inequality and absolute poverty Higher population growth rates Greater social fractionalization More rural population high migration to cities Lower levels of industrialization and manufactured exports Adverse geography Underdeveloped financial and other markets Colonial Legacies - poor institutions etc. 2
3 Defining the Developing World Per capita income is the main criterion for the developing world World Bank ranks countries on GDP/capita. It divides countries into group: LIC: low income countries - countries with a GDP/GNP per capita less than $976 in LMC: Lower-middle income countries MC: middle income countries UMC: Upper-middle income countries OECD: Organization for Economic Cooperation and Development 3
4 Classification of Economies by Region and Income,
5 5
6 6
7 Basic Indicators of Development: Real Income, Health, and Education Gross National Income (GNI): GDP, GNP PPP as conversion factors used instead of ERs 7
8 A Comparison of Per Capita GNI,
9 II. Holistic Measures of Living Levels and Capabilities Health Life Expectancy Education HDI as a holistic measure of living levels HDI can be computed for groups and regions in a country HDI varies among groups within countries HDI varies across regions in a country HDI varies between rural and urban areas Your Assignment to do the research on HDI. 9
10 Commonality and Diversity: Some Basic Indicators 10
11 Human Development Disparities within Selected Countries 11
12 12
13 2009 Human Development Index for 24 Selected Countries (2007 Data) 13
14 2009 HDI Variations for Similar Incomes (2007 Data) 14
15 Holistic Measures of Living Levels and Capabilities The New Human Development Index Introduced by UNDP in November 2010 Your Assignment to do the research on NHDI. What is new in the New HDI? 1. Calculating with a geometric mean: - geometric mean instead of arithmetic mean - New HDI takes the cube root of the product of the three component indexes - The traditional HDI calculation assumed one component traded off against another as perfect substitutes, a strong assumption - The reformulation now allows for imperfect substitutability 2. Other key changes - GNP per capita replaces GDP per capita - Revised education components: using the average actual educational attainment of the whole population, and the expected attainment of today s children 15
16 16
17 III. Characteristics of the Developing World: Diversity within Commonality (viewed in ch.1) 1. Lower levels of living standard 2. Lower levels of productivity 3. Lower levels of human capital (health, education, skills) 4. Higher Levels of Inequality and Absolute Poverty Absolute Poverty World Poverty 5. Higher Population Growth Rates Crude Birth rates 17
18 Shares of Global Income,
19 The 12 Most and Least Populated Countries and Their Per Capita Income,
20 Under-5 Mortality Rates, 1990 and
21 Primary School Enrollment and Pupil-Teacher Ratios,
22 Correlation between Under-5 Mortality and Mother s Education 22
23 Number of People Living in Poverty by Region,
24 Crude Birth Rates Around the World,
25 6. Greater Social Fractionalization 7. Larger Rural Populations but Rapid Rural-to-Urban Migration 8. Lower Levels of Industrialization and Manufactured Exports 9. Adverse Geography Resource endowments 25
26 The Urban Population in Developed Countries and Developing Regions 26
27 Share of the Population Employed in the Industrial Sector in Selected Countries, (%) 27
28 4 Characteristics Underdeveloped Financial and Other markets Imperfect markets Incomplete information 11. Colonial Legacy and External Dependence Institutions Private property Personal taxation Taxes in cash rather than in kind 28
29 V. How low-income countries today differ from developed countries in their earlier stages Nine differences Physical and human resource endowments Per capita incomes and levels of GDP in relation to the rest of the world Climate Population size, distribution, and growth Historic role of international migration International trade benefits Basic scientific/technological research and development capabilities Efficacy of domestic institutions Inter-relation within region 29
30 VI. Are Living Standards of Developing and Devolved Nations Converging? Evidence of unconditional convergence is hard to find But there is increasing evidence of per capita income convergence, weighting changes in per capita income by population size 30
31 Relative Country Convergence: World, Developing Countries, and OECD (cont d) 31
32 Growth Convergence versus Absolute Income Convergence 32
33 Nature and Role of Economic Institutions Institutions provide rules of the game of economic life Provide foundation of a market economy Include property rights; contract enforcement Constraining the power of elites, and managing conflict Provision of social insurance Provision of predictable macroeconomic stability Can work for improving coordination, Restricting coercive, fraudulent and anti-competitive behavior Providing access to opportunities for the broad population- 33
34 Concepts for Review Absolute poverty Brain drain Capital stock Convergence Crude birth rate Dependency burden Depreciation (of the capital stock) Diminishing Marginal Utility Divergence Economic Institutions Fractionalization Free trade Gross domestic product (GDP) Gross national income (GNI) Human capital Human Development Index (HDI) Imperfect market Incomplete information Infrastructure Least developed countries Low-income countries (LICs) Middle-income countries Newly industrializing countries (NICs) Purchasing power parity (PPP) Research and development (R&D) Resource endowment Terms of trade Value added World Bank 34
Chapter 2 Comparative Economic Development
Chapter 2 Comparative Economic Development Common characteristics of developing countries These features in common are on average and with great diversity, in comparison with developed countries: Lower
More informationChapter 2. Comparative Economic Development. Copyright 2009 Pearson Addison-Wesley. All rights reserved.
Chapter 2 Comparative Economic Development Copyright 2009 Pearson Addison-Wesley. All rights reserved. Common Characteristics of developing (poor) countries 1. Lower levels of living and productivity 2.
More informationFull file at
Chapter 2 Comparative Economic Development Key Concepts In the new edition, Chapter 2 serves to further examine the extreme contrasts not only between developed and developing countries, but also between
More informationTest Bank for Economic Development. 12th Edition by Todaro and Smith
Test Bank for Economic Development 12th Edition by Todaro and Smith Link download full: https://digitalcontentmarket.org/download/test-bankfor-economic-development-12th-edition-by-todaro Chapter 2 Comparative
More informationECO501 DEVELOPMENT ECONOMICS Lesson No. Topics Page No.
ECO501 DEVELOPMENT ECONOMICS Lesson No. Topics Page No. Lesson 01 Introducing Economic Development: A Global Perspective... 01 Lesson 02 Comparative Economic Development 10 Lesson 03 Comparative Economic
More informationLecture 1. Introduction
Lecture 1 Introduction In this course, we will study the most important and complex economic issue: the economic transformation of developing countries into developed countries. Most of the countries in
More informationASIA S DEVELOPMENT CHALLENGES
ASIA S DEVELOPMENT CHALLENGES The Asian Century: Plausible But Not Pre-ordained a five lecture series Distinguished Fellow, NCAER March 31, 2015 a ten seminar series Moderated by 1 LECTURE 1: THE TWO FACES
More informationVenezuela (Bolivarian Republic of)
Human Development Report 2013 The Rise of the South: Human Progress in a Diverse World Explanatory note on 2013 HDR composite indices Venezuela (Bolivarian HDI values and rank changes in the 2013 Human
More informationHuman Development Indices and Indicators: 2018 Statistical Update. Eritrea
Human Development Indices and Indicators: 2018 Statistical Update Briefing note for countries on the 2018 Statistical Update Introduction Eritrea This briefing note is organized into ten sections. The
More informationHuman Development Indices and Indicators: 2018 Statistical Update. Pakistan
Human Development Indices and Indicators: 2018 Statistical Update Briefing note for countries on the 2018 Statistical Update Introduction Pakistan This briefing note is organized into ten sections. The
More informationHuman Development Indices and Indicators: 2018 Statistical Update. Cambodia
Human Development Indices and Indicators: 2018 Statistical Update Briefing note for countries on the 2018 Statistical Update Introduction Cambodia This briefing note is organized into ten sections. The
More informationHuman Development Indices and Indicators: 2018 Statistical Update. Indonesia
Human Development Indices and Indicators: 2018 Statistical Update Briefing note for countries on the 2018 Statistical Update Introduction Indonesia This briefing note is organized into ten sections. The
More informationHong Kong, China (SAR)
Human Development Report 2014 Sustaining Human Progress: Reducing Vulnerabilities and Building Resilience Explanatory note on the 2014 Human Development Report composite indices Hong Kong, China (SAR)
More informationContemporary Human Geography
Chapter 9 Lecture Contemporary Human Geography rd 3 Edition Chapter 9: Development Marc Healy Elgin Community College 9.1 Development Regions A developed country, also known as a More Developed Country
More informationEdexcel (B) Economics A-level
Edexcel (B) Economics A-level Theme 2: The Wider Economic Environment 2.4 Life in a Global Economy 2.4.2 Developed, emerging and developing economies Notes Indicators of growth: o GDP per capita GDP per
More informationExplanatory note on the 2014 Human Development Report composite indices. Solomon Islands
Human Development Report 2014 Sustaining Human Progress: Reducing Vulnerabilities and Building Resilience Explanatory note on the 2014 Human Development Report composite indices Solomon Islands HDI values
More informationVenezuela (Bolivarian Republic of)
Human Development Report 2014 Sustaining Human Progress: Reducing Vulnerabilities and Building Resilience Explanatory note on the 2014 Human Development Report composite indices Venezuela (Bolivarian HDI
More informationExplanatory note on the 2014 Human Development Report composite indices. Serbia. HDI values and rank changes in the 2014 Human Development Report
Human Development Report 2014 Sustaining Human Progress: Reducing Vulnerabilities and Building Resilience Explanatory note on the 2014 Human Development Report composite indices Serbia HDI values and rank
More informationHungary. HDI values and rank changes in the 2013 Human Development Report
Human Development Report 2013 The Rise of the South: Human Progress in a Diverse World Explanatory note on 2013 HDR composite indices Hungary HDI values and rank changes in the 2013 Human Development Report
More informationCIE Economics A-level
CIE Economics A-level Topic 4: The Macroeconomy c) Classification of countries Notes Indicators of living standards and economic development The three dimensions of the Human Development Index (HDI) The
More informationThe former Yugoslav Republic of Macedonia
Human Development Report 2014 Sustaining Human Progress: Reducing Vulnerabilities and Building Resilience Explanatory note on the 2014 Human Development Report composite indices The former Yugoslav HDI
More informationExplanatory note on the 2014 Human Development Report composite indices. Armenia. HDI values and rank changes in the 2014 Human Development Report
Human Development Report 2014 Sustaining Human Progress: Reducing Vulnerabilities and Building Resilience Explanatory note on the 2014 Human Development Report composite indices Armenia HDI values and
More informationExplanatory note on the 2014 Human Development Report composite indices. Belarus. HDI values and rank changes in the 2014 Human Development Report
Human Development Report 2014 Sustaining Human Progress: Reducing Vulnerabilities and Building Resilience Explanatory note on the 2014 Human Development Report composite indices Belarus HDI values and
More informationAlbania. HDI values and rank changes in the 2013 Human Development Report
Human Development Report 2013 The Rise of the South: Human Progress in a Diverse World Explanatory note on 2013 HDR composite indices Albania HDI values and rank changes in the 2013 Human Development Report
More informationLao People's Democratic Republic
Human Development Report 2014 Sustaining Human Progress: Reducing Vulnerabilities and Building Resilience Explanatory note on the 2014 Human Development Report composite indices Democratic Republic HDI
More informationExplanatory note on the 2014 Human Development Report composite indices. Dominican Republic
Human Development Report 2014 Sustaining Human Progress: Reducing Vulnerabilities and Building Resilience Explanatory note on the 2014 Human Development Report composite indices Dominican Republic HDI
More informationDevelopment Report The Rise of the South 13 Analysis on Cambodia
Development Report 20 Human The Rise of the South 13 Analysis on Cambodia Introduction The concept of human development entails freeing and enlarging people s choices within a society. In principle, these
More informationExplanatory note on the 2014 Human Development Report composite indices. Cambodia. HDI values and rank changes in the 2014 Human Development Report
Human Development Report 2014 Sustaining Human Progress: Reducing Vulnerabilities and Building Resilience Explanatory note on the 2014 Human Development Report composite indices Cambodia HDI values and
More informationExplanatory note on the 2014 Human Development Report composite indices. Palestine, State of
Human Development Report 2014 Sustaining Human Progress: Reducing Vulnerabilities and Building Resilience Explanatory note on the 2014 Human Development Report composite indices Palestine, State of HDI
More informationThe Correlates of Wealth Disparity Between the Global North & the Global South. Noelle Enguidanos
The Correlates of Wealth Disparity Between the Global North & the Global South Noelle Enguidanos RESEARCH QUESTION/PURPOSE STATEMENT: What explains the economic disparity between the global North and the
More informationHow does development vary amongst regions? How can countries promote development? What are future challenges for development?
Chapter 9- Development How does development vary amongst regions? How can countries promote development? What are future challenges for development? Human Development Index (HDI) Development process of
More informationA COMPARATIVE HUMAN DEVELOPMENT INDEX (HDI) AMONG ASEAN COUNTRIES: THE ECONOMIC DEVELOPMENT REPERCUSSIONS OF THE 2009 REPORT TO ASEAN COUNTRIES
A COMPARATIVE HUMAN DEVELOPMENT INDEX (HDI) AMONG ASEAN COUNTRIES: THE ECONOMIC DEVELOPMENT REPERCUSSIONS OF THE 2009 REPORT TO ASEAN COUNTRIES Introduction Caroline Mariñas Acosta, Dip. in R&D, MBA, Ph.D.
More informationNumber of Countries with Data
By Hafiz A. Pasha WHAT IS THE EXTENT OF SOUTH ASIA S PROGRESS ON THE MDGs? WHAT FACTORS HAVE DETERMINED THE RATE OF PROGRESS? WHAT HAS BEEN THE EXTENT OF INCLUSIVE GROWTH IN SOUTH ASIA? WHAT SHOULD BE
More informationContemporary Human Geography, 2e. Chapter 9. Development. Lectures. Karl Byrand, University of Wisconsin-Sheboygan Pearson Education, Inc.
Contemporary Human Geography, 2e Lectures Chapter 9 Development Karl Byrand, University of Wisconsin-Sheboygan 9.1 Human Development Index Development The process of improving the material conditions of
More informationSri Lanka. Country coverage and the methodology of the Statistical Annex of the 2015 HDR
Human Development Report 2015 Work for human development Briefing note for countries on the 2015 Human Development Report Sri Lanka Introduction The 2015 Human Development Report (HDR) Work for Human Development
More informationPolicy Implications for Human Development of Vietnam from the History of HDI
VNU Journal of Science: Economics and Business, Vol. 30, No. 5E (2014) 40-50 Policy Implications for Human Development of Vietnam from the History of HDI Nguyễn Văn Đại *ác National Economics University,
More informationLEVERAGING DEMOGRAPHIC CHANGE ACROSS COUNTRIES: POLICY PRIORITIES
LEVERAGING DEMOGRAPHIC CHANGE ACROSS COUNTRIES: POLICY PRIORITIES GLOBAL MONITORING REPORT 2015/2016 - WHAT DOES IT MEAN FOR OPERATIONS? OCTOBER 29, 2015 WASHINGTON DC MARYLA MALISZEWSKA DEVELOPMENT PROSPECTS
More informationOnline Supplementary Document
Online Supplementary Document Calu Costa et al. Gender bias in careseeking practices in 57 low and middle income countries J Glob Health 2017;7:010418 Supplementary Table 1 - Careseeking questions in DHS
More informationPoverty in the Third World
11. World Poverty Poverty in the Third World Human Poverty Index Poverty and Economic Growth Free Market and the Growth Foreign Aid Millennium Development Goals Poverty in the Third World Subsistence definitions
More informationImmigration Policy In The OECD: Why So Different?
Immigration Policy In The OECD: Why So Different? Zachary Mahone and Filippo Rebessi August 25, 2013 Abstract Using cross country data from the OECD, we document that variation in immigration variables
More informationWELCOME! Professors Jay Aronson, Bernardine Dias, Joe Mertz and Rahul Tongia Fall 2007
WELCOME! Professors Jay Aronson, Bernardine Dias, Joe Mertz and Rahul Tongia Fall 2007 Instructor Introductions Aronson and Mertz are main instructors for undergraduate version Dias and Tongia are main
More informationMaking use of the potential of the Baltic Sea Region. Vesa Vihriälä Economic Council of Finland 23 October 2009
Making use of the potential of the Baltic Sea Region Vesa Vihriälä Economic Council of Finland 23 October 2009 Economic Council of Finland A forum for policy discussion between the government, central
More informationQuality of life is. Measuring Development
Development means The level of development is different in every country this is called the global development gap. Quality of life is The 3 types of countries are defined as: HIC: Indicator Definition
More informationEconomic Geography Chapter 10 Development
Economic Geography Chapter 10 Development Development: Key Issues 1. Why Does Development Vary Among Countries? 2. Where Are Inequalities in Development Found? 3. Why Do Countries Face Challenges to Development?
More informationOIC/COMCEC-FC/32-16/D(5) POVERTY CCO BRIEF ON POVERTY ALLEVIATION
OIC/COMCEC-FC/32-16/D(5) POVERTY CCO BRIEF ON POVERTY ALLEVIATION COMCEC COORDINATION OFFICE October 2017 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
More information9.1 Human Development Index Development improving the material conditions diffusion of knowledge and technology Measure by HDI
9: Development 9.1 Human Development Index Development improving the material conditions diffusion of knowledge and technology Measure by HDI Standard of living Access to knowledge Life expectancy 9.1
More informationLecture 1 Economic Growth and Income Differences: A Look at the Data
Lecture 1 Economic Growth and Income Differences: A Look at the Data Rahul Giri Contact Address: Centro de Investigacion Economica, Instituto Tecnologico Autonomo de Mexico (ITAM). E-mail: rahul.giri@itam.mx
More informationThe Mesoamerican Region
OECD Territorial Reviews The Mesoamerican Region SOUTHEASTERN MEXICO AND CENTRAL AMERICA OECD ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT Table of Contents Abbreviations List 10 Introduction
More informationGLOBALIZATION, DEVELOPMENT AND POVERTY REDUCTION: THEIR SOCIAL AND GENDER DIMENSIONS
TALKING POINTS FOR THE EXECUTIVE SECRETARY ROUNDTABLE 1: GLOBALIZATION, DEVELOPMENT AND POVERTY REDUCTION: THEIR SOCIAL AND GENDER DIMENSIONS Distinguished delegates, Ladies and gentlemen: I am pleased
More informationChapter 1 Definitions and Concepts of Development
Chapter 1 Definitions and Concepts of Development At the very beginning of this course I want you to picture in your mind how people around the world live their daily life. Try to think of how the three-quarters
More informationGhana Lower-middle income Sub-Saharan Africa (developing only) Source: World Development Indicators (WDI) database.
Knowledge for Development Ghana in Brief October 215 Poverty and Equity Global Practice Overview Poverty Reduction in Ghana Progress and Challenges A tale of success Ghana has posted a strong growth performance
More informationPart Seven: Public Policy
Part Seven: Public Policy Justice is itself the great standing policy of civil society; and any eminent departure from it, under any circumstances, lies under the suspicion of being no policy at all. Edmund
More informationFigure 1. Nepal: Recent Macro-Economic Developments
May- May- May- May- Figure. : Recent Macro-Economic Developments Real GDP growth is estimated at. percent in /. Growth rebounded to. percent in /, after a slump due to the earthquakes and trade disruptions.
More informationFigure 1. Nepal: Recent Macro-Economic Developments
Aug- Aug- Aug- Aug- Aug- Aug- Aug- Aug- Aug- Aug- Aug- Aug- Aug- Aug- Aug- Aug- Aug- Figure. : Recent Macro-Economic Developments Real GDP growth is estimated at. percent in /. Growth rebounded to. percent
More informationIMPACT OF GLOBALIZATION ON POVERTY: CASE STUDY OF PAKISTAN
Romain Pison Prof. Kamal NYU 03/20/06 NYU-G-RP-A1 IMPACT OF GLOBALIZATION ON POVERTY: CASE STUDY OF PAKISTAN INTRODUCTION The purpose of this paper is to examine the effect of globalization in Pakistan
More informationTable 1. Nepal: Monthly Data for Key Macroeconomic Indicators.
Table 1. : Monthly Data for Key Macroeconomic Indicators. 1 1 Year-on-year change, in percent Oct Nov Dec FY to date Oct Nov Dec FY to date Oct Nov Dec FY to date ( months) ( months) ( months) Inflation
More informationGCE Economics. Mark Scheme for June Unit F585: The Global Economy. Advanced GCE. Oxford Cambridge and RSA Examinations
GCE Economics Unit F585: The Global Economy Advanced GCE Mark Scheme for June 2016 Oxford Cambridge and RSA Examinations OCR (Oxford Cambridge and RSA) is a leading UK awarding body, providing a wide range
More informationOIC/COMCEC-FC/32-16/D(5) POVERTY CCO BRIEF ON POVERTY ALLEVIATION
OIC/COMCEC-FC/32-16/D(5) POVERTY CCO BRIEF ON POVERTY ALLEVIATION COMCEC COORDINATION OFFICE April 2018 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
More informationTrade led Growth in Times of Crisis Asia Pacific Trade Economists Conference 2 3 November 2009, Bangkok. Session 10
Trade led Growth in Times of Crisis Asia Pacific Trade Economists Conference 2 3 November 2009, Bangkok Session 10 Trade and Social Development: The Case of Asia Nilanjan Banik Asia Pacific Research and
More informationEconomics 172: Issues in African Economic Development. Professor Ted Miguel Department of Economics University of California, Berkeley
Economics 172: Issues in African Economic Development Professor Ted Miguel Department of Economics University of California, Berkeley Economics 172: Issues in African Economic Development Lecture 2 January
More informationHOW ECONOMIES GROW AND DEVELOP Macroeconomics In Context (Goodwin, et al.)
Chapter 17 HOW ECONOMIES GROW AND DEVELOP Macroeconomics In Context (Goodwin, et al.) Chapter Overview This chapter presents material on economic growth, such as the theory behind it, how it is calculated,
More informationEconomic Development and Transition
Economic Development and Transition Developed Nations and Less Developed Countries Developed Nations Developed nations are nations with higher average levels of material well-being. Less Developed Countries
More informationA COMPARISON OF ARIZONA TO NATIONS OF COMPARABLE SIZE
A COMPARISON OF ARIZONA TO NATIONS OF COMPARABLE SIZE A Report from the Office of the University Economist July 2009 Dennis Hoffman, Ph.D. Professor of Economics, University Economist, and Director, L.
More informationA Comparative Study of Human Development Index of Major Indian States
Volume-6, Issue-2, March-April 2016 International Journal of Engineering and Management Research Page Number: 107-111 A Comparative Study of Human Development Index of Major Indian States Pooja Research
More informationDiscussion-Meeting on. Avoiding the Middle-Income Trap Opportunities and Challenges for Bangladesh
Discussion-Meeting on Avoiding the Middle-Income Trap Opportunities and Challenges for Bangladesh Presentation by Mustafizur Rahman Distinguished Fellow, CPD Dhaka: 3 April 2017 Contents Section I: Introduction
More informationChapter 2 Overview of Sudanese Economy and the Status of ICT in Sudan
Chapter 2 Overview of Sudanese Economy and the Status of ICT in Sudan 2.1 Introduction This chapter provides a general overview of the socio-economic characteristics of the Sudanese economy and explains
More informationChapter 18 Development and Globalization
Chapter 18 Development and Globalization 1. Levels of Development 2. Issues in Development 3. Economies in Transition 4. Challenges of Globalization Do the benefits of economic development outweigh the
More informationGuanghua Wan Principal Economist, Asian Development Bank. Toward Higher Quality Employment in Asia
Guanghua Wan Principal Economist, Asian Development Bank Toward Higher Quality Employment in Asia 1 Key messages Asia continued its robust growth accompanied by significant poverty reduction But performance
More informationCHAPTER 12: The Problem of Global Inequality
1. Self-interest is an important motive for countries who express concern that poverty may be linked to a rise in a. religious activity. b. environmental deterioration. c. terrorist events. d. capitalist
More informationRegional Income Trends and Convergence
Regional Income Trends and Convergence J. Fred Giertz and Shekhar Mehta Institute of Government and Public Affairs University of Illinois February 13, 1996.... This paper is one of a series associated
More informationITC by Country Report
ITC by Country Report Iraq 05/12/2014 ITC by country - Iraq 1 Table of Contents 1. Country / Territory Brief 2. People and Economy 2.1 People 2.2 Economy 3. Trade Performance 3.1 General Trade Performance
More informationLDC Graduation: A Case of Cambodia
LDC Graduation: A Case of Cambodia NOU Keosothea Asia-Pacific Regional Workshop on Graduation Strategies from the LDC Siem Reap 4-6 Dec 2013 Outline of Presentation 1. Review of Recent Development Trends
More informationLONG RUN GROWTH, CONVERGENCE AND FACTOR PRICES
LONG RUN GROWTH, CONVERGENCE AND FACTOR PRICES By Bart Verspagen* Second draft, July 1998 * Eindhoven University of Technology, Faculty of Technology Management, and MERIT, University of Maastricht. Email:
More informationCompanion for Chapter 2: An Unequal World
Companion for Chapter 2: An Unequal World SUMMARY Gross domestic product (GDP) per capita is used to classify countries according to their income. The World Bank's classification contains three country
More informationCOUNTRY PROFILE. Czech Republic
COUNTRY PROFILE Czech Republic IMD WORLD COMPETITIVENESS RANKING 18 All data are available from the World Competitiveness Online. Visit our eshop 1 COMPETITIVENESS TRENDS - OVERALL CZECH REPUBLIC OVERALL
More informationSession 6: Economic Impact of Migration on Receiving Countries: Public Finance, Growth and Inequalities
Masters Programme Economie des Relations Internationales, Sciences Po, Paris John P. Martin & Jean-Christophe Dumont Session 6: Economic Impact of Migration on Receiving Countries: Public Finance, Growth
More informationRegional inequality and the impact of EU integration processes. Martin Heidenreich
Regional inequality and the impact of EU integration processes Martin Heidenreich Table of Contents 1. Income inequality in the EU between and within nations 2. Patterns of regional inequality and its
More informationIs Growth Good Enough for the Poor?
Ana Vasile Sirbu Is Growth Good Enough for the Poor? Contents Introduction... 2 What did Transition bring?... 2 GDP Growth: Consumption is in excess. What about Investment?... 3 We are already in an Inflationary
More informationYear 4 Geography. Development Resource Use (Part I) Enduring Understandings
Year 4 Geography Development Resource Use (Part I) Enduring Understandings Development is instrumental in improving the standard of living and enhancing the quality of life of the people across the globe.
More information65. Broad access to productive jobs is essential for achieving the objective of inclusive PROMOTING EMPLOYMENT AND MANAGING MIGRATION
5. PROMOTING EMPLOYMENT AND MANAGING MIGRATION 65. Broad access to productive jobs is essential for achieving the objective of inclusive growth and help Turkey converge faster to average EU and OECD income
More informationPoverty Reduction and Economic Growth: The Asian Experience Peter Warr
Poverty Reduction and Economic Growth: The Asian Experience Peter Warr Abstract. The Asian experience of poverty reduction has varied widely. Over recent decades the economies of East and Southeast Asia
More informationThe Concept of Human Development Index
The Concept of Human Development Index Cristina BALACEANU, Diana APOSTOL Dimitrie Cantemir Christian University Abstract The transition from the aggregate indicator reflecting the economic value of goods
More informationRegional Disparities in Employment and Human Development in Kenya
Regional Disparities in Employment and Human Development in Kenya Jacob Omolo 1 jackodhong@yahoo.com; omolo.jacob@ku.ac.ke ABSTRACT What are the regional disparities in employment and human development
More informationAsia-Pacific to comprise two-thirds of global middle class by 2030, Report says
Strictly embargoed until 14 March 2013, 12:00 PM EDT (New York), 4:00 PM GMT (London) Asia-Pacific to comprise two-thirds of global middle class by 2030, Report says 2013 Human Development Report says
More informationThe Transmission of Economic Status and Inequality: U.S. Mexico in Comparative Perspective
The Students We Share: New Research from Mexico and the United States Mexico City January, 2010 The Transmission of Economic Status and Inequality: U.S. Mexico in Comparative Perspective René M. Zenteno
More informationvi. rising InequalIty with high growth and falling Poverty
43 vi. rising InequalIty with high growth and falling Poverty Inequality is on the rise in several countries in East Asia, most notably in China. The good news is that poverty declined rapidly at the same
More informationPOLICY OPTIONS AND CHALLENGES FOR DEVELOPING ASIA PERSPECTIVES FROM THE IMF AND ASIA APRIL 19-20, 2007 TOKYO
POLICY OPTIONS AND CHALLENGES FOR DEVELOPING ASIA PERSPECTIVES FROM THE IMF AND ASIA APRIL 19-20, 2007 TOKYO RISING INEQUALITY AND POLARIZATION IN ASIA ERIK LUETH INTERNATIONAL MONETARY FUND Paper presented
More informationREVENUE FROM EXPORTING OIL, INCOME DISTRIBUTION, AND ECONOMIC PROGRESS IN THE MIDDLE EAST
REVENUE FROM EXPORTING OIL, INCOME DISTRIBUTION, AND ECONOMIC PROGRESS IN THE MIDDLE EAST Mehdi MOHAGHEGH School of Business and Management, Norwich University, 158 Harmon Dr. Northfield, Vermont, 05663,
More informationConvergence Divergence Debate within India
Convergence Divergence Debate within India KanupriyaSuthar Independent Researcher, India Abstract The notion of convergence or catching up by a state/country with lower initial income and capital per capita
More informationOPHI. Identifying the Bottom Billion : Beyond National Averages
OPHI OXFORD POVERTY & HUMAN DEVELOPMENT INITIATIVE, ODID www.ophi.org.uk Identifying the Bottom Billion : Beyond National Averages Sabina Alkire, José Manuel Roche and Suman Seth, March 13 The world now
More informationInternational Remittances and Brain Drain in Ghana
Journal of Economics and Political Economy www.kspjournals.org Volume 3 June 2016 Issue 2 International Remittances and Brain Drain in Ghana By Isaac DADSON aa & Ryuta RAY KATO ab Abstract. This paper
More informationUrbanization and Rural-Urban Migration: Theory and Policy
Urbanization and Rural-Urban Migration: Theory and Policy In this unit we would: 1.1 Examine the potential role of cities both modern sector and urban informal sector-in fostering economic development
More informationStudy Unit 04 Activity 04. Summarise the arguments stating that population growth is not a real problem.
(a) Summarise the arguments stating that population growth is not a real problem. 1. The problem is not population growth but other issues such as: 1.1 Underdevelopment: According to this argument, underdevelopment
More informationOIC/COMCEC/32-16/D(39) CCO BRIEF ON POVERTY ALLEVIATION
OIC/COMCEC-FC/32-16/D(5) POVERTY OIC/COMCEC/32-16/D(39) CCO BRIEF ON POVERTY ALLEVIATION COMCEC COORDINATION OFFICE November 2016 CCO BRIEF ON POVERTY ALLEVIATION Poverty is defined as the lack of sufficient
More informationIs Economic Development Good for Gender Equality? Income Growth and Poverty
Is Economic Development Good for Gender Equality? February 25 and 27, 2003 Income Growth and Poverty Evidence from many countries shows that while economic growth has not eliminated poverty, the share
More informationCHAPTER 3 SOCIO-ECONOMIC CONDITIONS OF MINORITIES OF INDIA
CHAPTER 3 SOCIO-ECONOMIC CONDITIONS OF MINORITIES OF INDIA 73 List of Contents S.No. Chapter-3 Socio economic condition of Minorities of India on the Page number basis HDI indicators 3.1 Defination of
More informationChapter 18: Development and Globalization Section 1
Chapter 18: Development and Globalization Section 1 Objectives 1. Understand what is meant by developed nations and less developed countries. 2. Identify the tools used to measure levels of development.
More informationRealizing the rights of indigenous children in MICs. Experiences from Peru
Realizing the rights of indigenous children in MICs Experiences from Peru As Peru s economy grows, inequalities persist Almost 30 million people $5,880 GNI per capita 6.4% average GDP growth between 2002
More informationVisualizing. Rights C E SR. Making Human Rights Accountability More Graphic. Center for Economic and Social Rights. fact sheet no.
Center for Economic and Social Rights India Making Human Rights Accountability More Graphic This fact sheet is intended to contribute to ongoing monitoring work to hold states accountable for their economic
More informationUNU MERIT Working Paper Series
UNU MERIT Working Paper Series #2014-016 Structure of labour market and unemployment in Sudan Samia Satti Osman Mohamed Nour Maastricht Economic and social Research institute on Innovation and Technology
More information