Development Economics Web Guide, Unit 5B 4
Issue 1 ? May 2003
Authorised by Peter Goff
Indicators of development
in growing countries in
sub-Saharan Africa, Asia
and Latin America
Absolute and relative
poverty.
Differences amid
developing countries.
Comp ar and course GDP per
capita and other measures of
economic and social development,
e.g. life expectancy, literacy rates,
the resemblance of population
employed in agriculture. go steady
the distinction between these terms.
Compare 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
national income statistics as
indicators of development.
Explain the inter-relationships
between these indicators.
Understand how there are
differences in countries both
between and within the three
continents and a consideration
of these differences.
Indicators of Economic Development
Introduction
The specification refers to deuce categories of country, ? genuine? and ?developing?. A
physique of economic and social indicators can be used to classify countries in this way.
However, some of these are more reliable than others.
Further classifications are possible 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 true that countries within each of these regions differ widely.
Some Important Indicators
A very wide variety of indicators can be used to characterise the difference between
developed and developing countries. Only a small selection is considered here. The
information reported below comes from the United Nations Human Development enunciate for
2001.
1 GDP 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 want to get a full essay, order it on our website: Orderessay
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