MGMT 3225 Lecture Notes - Lecture 4: Human Development Index, Autocracy
Document Summary
Robertson"s analysis of africa relates to chapter 3 because it touches upon major key points of the chapter; such as the purchasing power parity (ppp). Robertson speaks on africa"s per capita income doubling since the year 2000. The effect this has on the country is extremely positive. With the per capita increasing gdp also increases creating a higher life expectancy. A higher life expectancy in turn creates a higher hdi. Altogether robertson"s analysis so far has related back to the concept of purchasing power parity (ppp) and the human development index. His analysis of africa also introduces the concept of the different risk involved in getting involved with other countries. As africa continues to thrive potential investors have to think about the risks involved; for example, the political and legal risk regarding africa. The country has moved from an autocracy to a democracy as mentioned by robertson in his analysis, but he also mentions the corruption associated with africa.
