ECO 2117 Lecture Notes - Lecture 2: Gross Domestic Product, Gross National Income, Purchasing Power Parity
12 Mar 2018
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Document Summary
Explore the commonalities and differences among developing countries. Key differences between conditions in today"s developing countries and those in now-developed countries at an early stage of their development. Positive factors behind recent rapid progress in a significant portion of the developing world. Developing world has made substantial economic development progress in recent year. Output per worker in the united states (around ,820) is about 10 times higher than in. India (around ,640) and more than 100 times higher than in democratic republic of. Life expectancy is 79 in the us, 65 in india, 48 in drc. % of underweight children is less than 3% in the us; but 43% in india and 24% in drc. Practically all us women are literate while just 51% are in india. Some have made much progress in closing gaps, while others have been stagnant.
