Development Economics

Objectives • To be able to describe why some countries are classified as developed and others are not. .

Why is this important? .

Poverty? .

Poverty? .

Poverty? .

Poverty? .

Poverty? .

How should we measure poverty? • National Income (GDP/GNP) .

% in absolute poverty? .

By income distribution? .

or university? • Or something else all together? .Or maybe… • Doctors per head? • Televisions per capita • % in primary school. or secondary.

By Literacy rates? .

Population growth? .

Life expectancy? .

By infant mortality rates? .

By a Human Development Index? .