Economic Indicators

Development Economics Web Guide, Unit 5B 4 theme 1 ? May 2003 Authorised by Peter Goff Indicators of teaching in growing countries in sub-Saharan Africa, Asia and Latin the States Absolute and relative poverty. Differences amid developing countries. Comp ar and course gross domestic product per capita and other measures of economic and kindly development, e.g. life expectancy, literacy rates, the resemblance of universe of discourse employed in agriculture. go steady the distinction amid these terms. Comp are how the s erect of economic development discords in sub-Saharan Africa, Asia and Latin America and explain reasons for these differences. Understand the limitations of issue income statistics as indicators of development. Explain the inter-relationships between these indicators. Understand how there are differences in countries both between and at bottom the three continents and a consideration of these differences. Indicators of Ec onomic Development Introduction The specification refers to dickens categories of country, ? genuine? and ?developing?. A physique of economic and social indicators can be employ to classify countries in this way. However, well-nigh of these are more reliable than others.

Further classifications are affirmable between countries within the ?developing? category ? for example, strong differences by neck of the woods emerge: Africa, South Asia, East Asia and Latin America have or else different sets of characteristics. However, it is also genuine that countries within each of these regions differ widely. Some Important Indicators A very wide vari! ety of indicators can be used to characterise the difference between developed and developing countries. solitary(prenominal) a small selection is considered here. The information reported to a lower place comes from the United Nations Human Development enunciate for 2001. 1 gross domestic product per capita GDP per capita is the sum up value of (final i.e. non intermediate) goods and services produced within a country divided by the total population....If you fatality to get a full essay, order it on our website: BestEssayCheap.com

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