liberalization inspires economic growth, and ensures sustainable prosperity for everyone. The reduction and removing of tariffs has made materialistic goods like food and clothes more available and affordable to countries that are developing and have low GDP per person. For example, the average Kenyan citizen in 2014 made 1358.30 $ USD. With that much money annually, an average Kenyan would need to pay property tax, utility bills, and more. They also need to meet their basic needs like eating, and when
Words: 486 - Pages: 2
Index (HDI). A developing country is described as a nation with a lower standard of living, underdeveloped industrial base, and a low HDI relative to other countries. There are several factors which may have the effect of limiting economic development in such countries. Factors such as these include: primary product dependency, the savings gap and political instability. Primary product dependency occurs where production of primary products accounts for a large proportion of a country’s GDP. This
Words: 1997 - Pages: 8
M14/3/ECONO/SP2/ENG/TZ0/XX 22145113 ECONOMICS STANDARD LEVEL PAPER 2 Tuesday 6 May 2014 (morning) 1 hour 30 minutes INSTRUCTIONS TO CANDIDATES not open this examination paper until instructed to do so. Do are not permitted access to any calculator for this paper. You Section A: answer one question. Section B: answer one question. fully labelled diagrams and references to the text/data where appropriate. Use maximum mark for this examination paper is [40 marks]
Words: 1822 - Pages: 8
Dear president, Hery Rajaonarimampianina I am writing to you with a report on the best development strategy for Madagascar. Here are some statistics what's been going on for Madagascar. You might be surprised! As Madagascar’s GDP per capita for 2017 was $ 1,600 and the unemployment rate was only 2%, but that’s most likely because many people are working in the informal sector. There are 71% of the population living below the poverty line. The life expectancy for males is 65 years and for females
Words: 736 - Pages: 3
produced by a country in one year. How can we measure growth? We measure it by the percentage change in the level of national income, often over the period of one year. There are three ways of adding it up: · · · production, or incomes,•or expenditure GDP = gross domestic product (produced within a country). GNP = gross national product (includes income coming into or going out of country). NNP = net national produce (an allowance is made for depreciation of capital). National income per capita often
Words: 1632 - Pages: 7
South Africa A Development and Economic Overview Introduction I chose South Africa as the topic for this research paper. I have always wanted to visit South Africa but have never had the opportunity to travel there. My involvement in international development has given me an interest in this country, as it has many ties to the developing world and the history of developing countries through colonialism. South Africa is influenced by all levels of economic activity including the primary
Words: 2383 - Pages: 10
Human Development Report 2014 Sustaining Human Progress: Reducing Vulnerabilities and Building Resilience Empowered lives. Resilient nations. The 2014 Human Development Report is the latest in the series of global Human Development Reports published by UNDP since 1990 as independent, empirically grounded analyses of major development issues, trends and policies. Additional resources related to the 2014 Human Development Report can be found online at http://hdr.undp.org, including complete
Words: 191797 - Pages: 768
Company Analysis The Walt Disney Company has been in the entertainment business for more than 80 years and is well recognized around the world as one that delivers an exceptional entertainment experience. Walt Disney Company strengths can be grouped in three main categories: 1) diversified distribution channels, 2) strong brand portfolio, and 3) financial strength. Despite Walt Disney’s success, the company has some declining segments in their domestic business. In addition, Disney’s biggest challenge
Words: 10501 - Pages: 43
status upgrades from credit ratings agencies such as theFitch Group and Standard & Poor's. Agriculture Agriculture employs 32% of the Filipino workforce as of 2013, according to World Bank statistics. Agriculture accounts for 12% of Philippines GDP as of 2013, according to the World Bank. The type of activity ranges from small subsistence farming and fishing to large commercial ventures with significant export focus. The Philippines is the world's largest producer of coconuts producing 19,500
Words: 2294 - Pages: 10
(104th) 42,823 sq mi - Water (%) 0.3 Population - 2011 census 7,351,234 [2] (97th) - Density 66.2/km2 (139th) 171/sq mi GDP (PPP) 2010 estimate - Total $96.778 billion[3] (69th) - Per capita $12,851[3] (65th) GDP (nominal) 2010 estimate - Total $47.702 billion[3] (74th) - Per capita $6,334[3] (74th) Gini (2008) 33.5[4] (medium) HDI (2010) 0.743[5] (high) (58th) Currency Lev2 (BGN) Time zone EET (UTC+2) - Summer (DST) EEST (UTC+3) Drives on the right
Words: 715 - Pages: 3