• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Measuring development using economic indicators is no longer a real indicator of development. Discuss.

Extracts from this document...

Introduction

Measuring development using economic indicators is no longer a real indicator of development. Discuss. Lester Griffiths U6LB There are a number of indicators which can be used to highlight to what extent a country has achieved development, and these indicators are grouped into, social, political, economic and environmental. Every indicator has its strengths and weaknesses in truly evaluating the level of development of a specific country. The economic indicators which are most frequently used are Gross Domestic Profit (GDP), Gross Domestic Profit per capita (GNP per capita) however there are less well used indicators such as number of vehicles owned per person, and Percentage of population working in agriculture, all of which can provide a reasonable image of the country's finances and what status of wealth its residents are in. ...read more.

Middle

So therefore if economic indicators indicate an undeveloped country it is therefore likely that social, political and environmental factors may also in turn indicate a country which has not achieved development, as the funds to achieve development in these other areas are simply not available. Therefore if economic indicators suggest an undeveloped country, it then means it is very likely that other factors, especially social and political factors to some extent will correlate and also indicate a lack of development. As shown before Kenya is a country with a low GDP and GNP per capita, and other factors such as Life expectancy and literacy rates are also affected, suggesting that economic factors have affected the development of social factors. This is further indicated by comparing Kenya with an MEDC, in this case the UK. ...read more.

Conclusion

Political instability would definitely not be truly indicated by an economic indicator. For example there is great political unrest in Zimbabwe, with Robert Mugabe having forced his way into power as a dictator. However the economic indicators of the country would indicate that it is far more developed than Kenya with a GDP of $3.42 Billion, suggesting it is more developed however the GNP per capita is $200 which is lower than that of Kenya as Zimbabwe is a large country with a greater population. So economic indicators do not show: .Differences in population size . Political instability of the country .Distribution of the wealth in a country- the rich may hold most of a country's wealth making it appear more developed when most people are not enjoying the GDP of the country. . Daily aspects of life not considered- free speech, the right to vote, freedom from discrimination. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level Global Interdependence & Economic Transition section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level Global Interdependence & Economic Transition essays

  1. What are the factors that led to contemporary differences in development between countries?

    countries like the UAE , Dubai in particular have exploded since the discovery of oil on their lands . In the space of 40 years Dubai has gone from an LEDC to one of the leading oil producers and a leading tourist attraction .

  2. International Ecotourism Management: Using Australia and Africa as Case Studies.

    There is often a weak management response to visitor impacts on the natural or social environments. Environmental degradation caused by visitor activities is common and apparently accepted. However, there is increasing concern in the environmental movement with tourism-based environmental degradation.

  1. Evaluate the usefulness of the range of criteria available for measuring levels of development ...

    [$] Life expectancy Energy per capita Adult Literacy [%] Infant mortality UK 21400 76.8 3574 99 7 Egypt 1290 64.8 638 51 51 Mali 250 47 31 118 During the 1980's, the Overseas Development Council [ODC] introduced the Physical Quality of Life Index [PQLI] and in early 1990s, the UN first referred to the Human Development Index [HDI].

  2. The relationships between the physical environment and economic activities are no longer important. Discuss.

    The relationship could not have been more important. However, what is the postindustrial city tied to? Very little - location of industry is no longer tied to traditional centres that formed due to the physical environment. 'Footloose' industries can be observed in the UK and other knowledge based economies.

  1. This piece of coursework is based on the tourism industry in less economically developed ...

    If the tribe are enouraged to help out the land will become nourished and rich again. For then to do this the government should allow them back into their natual grounds in return for their help. There are many problems caused by to tourists and if more prevention techniques are

  2. How likely does it seem that the Millennium Development Goals will be met by ...

    year 2015, currently half of the population lives in poverty, so the target of 28% is in reach. Another example is found in Bangladesh, it has the worlds 1/3 largest number of people in poverty, of the total population in Bangladesh, and half of them live in poverty, with a total of 50 million in extreme poverty.

  1. To what extent is an unfair world trade system the root cause of the ...

    At the moment a MNC is only restricted by the rules the LEDC places upon it, and these restrictions can be very light considering that some MNC's have more economic and political power than small LEDC's. In certain cases a LEDC could welcome a MNC with the wish of helping

  2. Outline and suggest reasons for the issues facing countries at very low levels of ...

    risk of over reliance or political influence, something that is hard to police. However one could argue that if trade is the only way for LDC?s to develop then this won?t help those stuck in the poverty cycle, often due to illnesses rife throughout Africa.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work