Are GDP/GNP appropriate measures of development?
-
- Taschenbuch
- eBook ausgewählt
-
Form:Einzelkauf Download
-
Sprache:Englisch
13,99 €
inkl. gesetzl. MwSt.Beschreibung
Produktdetails
Format
ePUB
Kopierschutz
Nein
Family Sharing
Nein
Text-to-Speech
Ja
Erscheinungsdatum
13.05.2008
Verlag
GRINSeitenzahl
12 (Printausgabe)
Dateigröße
140 KB
Auflage
1. Auflage
Sprache
Englisch
EAN
9783638046671
Seminar paper from the year 2005 in the subject Politics - Topic: Development Politics, grade: 2.0, Friedrich-Alexander University Erlangen-Nuremberg (Institut für Politische Wissenschaft), course: Introduction to Development Studies, language: English, abstract: One of the most important questions of development politics is what development actually means and how you can measure it. Although nobody will seriously dispute the fact that development has an important political dimension it is usually the economy which is in the focus of multinational organizations as for example the IMF or the Worldbank. The most important indicator for economic prosperity is the Gross Domestic Product (GDP) respectively the GNP which is a close relative. In fact the Worldbank defines developing countries as "countries with low or middle levels of GNP per capita" (Worldbank Glossary). This shows the tremendous importance the GNP has for the work of the Worldbank. In the following essay the value of the GDP as an indicator for development will be assessed. It will be shown that it is a valuable
indicator under certain conditions, but that it is clearly not sufficient to make sound statements about the development of a certain country. In fact it can even be misleading in some respects and dividing between developing and developed countries just on the basis of the GNP is certainly not appropriate. At first I will explain what GDP, GNP and its growth rates actually mean and what they can tell about the economy of a state. The specific advantages of this indicator will be mentioned and the correlations between it and development. Then I will oppose that with the great variety of problems the GDP and similar indicators have. As a conclusion I will show that for a fairly acceptable measurement of development it will be necessary to include some other indicators beside the GDP as well. Development is more than a high level of economic activity it also includes the general standard of living and the degree of personal freedom and
security. The GDP is defined as the value of the final goods and services produced in a country in one year (Mankiw 2001: 522). This value is usually given in US-Dollar and equals the total amount of all sorts of official income and profits and also the sum of the total consumption, investment, government puchases and net exports in a country in a year. The difference between GDP und GNP, the Gross National Product, is that the GNP measures the value which was produced by the citizens of a country, wherever they live and work. That means for example that the profit a British company made in a developing country contributes to the GDP of the developing country but not to its GNP but to the GNP of the United Kingdom.
indicator under certain conditions, but that it is clearly not sufficient to make sound statements about the development of a certain country. In fact it can even be misleading in some respects and dividing between developing and developed countries just on the basis of the GNP is certainly not appropriate. At first I will explain what GDP, GNP and its growth rates actually mean and what they can tell about the economy of a state. The specific advantages of this indicator will be mentioned and the correlations between it and development. Then I will oppose that with the great variety of problems the GDP and similar indicators have. As a conclusion I will show that for a fairly acceptable measurement of development it will be necessary to include some other indicators beside the GDP as well. Development is more than a high level of economic activity it also includes the general standard of living and the degree of personal freedom and
security. The GDP is defined as the value of the final goods and services produced in a country in one year (Mankiw 2001: 522). This value is usually given in US-Dollar and equals the total amount of all sorts of official income and profits and also the sum of the total consumption, investment, government puchases and net exports in a country in a year. The difference between GDP und GNP, the Gross National Product, is that the GNP measures the value which was produced by the citizens of a country, wherever they live and work. That means for example that the profit a British company made in a developing country contributes to the GDP of the developing country but not to its GNP but to the GNP of the United Kingdom.
Noch keine Bewertungen vorhanden
Verfassen Sie die erste Bewertung zu diesem Artikel
Helfen Sie anderen Kundinnen und Kunden durch Ihre Meinung.
Kurze Frage zu unserer Seite
Vielen Dank für Ihr Feedback
Wir nutzen Ihr Feedback, um unsere Produktseiten zu verbessern. Bitte haben Sie Verständnis, dass wir Ihnen keine Rückmeldung geben können. Falls Sie Kontakt mit uns aufnehmen möchten, können Sie sich aber gerne an unseren Kund*innenservice wenden.
zum Kundenservice