What are characteristics of growth in developed countries, Business Economics

Assignment Help:

What are the characteristics of growth in developed countries?

Simon Kuznets specified some characteristics for all DCs (developed countries) as illustrated below:

• Gross National Product growth;

• Population growth;

• Gross National Product per capita growth;

• Productivity growth;

• International trade;

• Structural transformation;

• Social as well as ideological modifications.


Related Discussions:- What are characteristics of growth in developed countries

Discuss about regional trade agreements, Question 1: ‘The WTO was set u...

Question 1: ‘The WTO was set up with the intention of regulating international trade between countries'. How successful has the WTO been in attaining its objectives? Questi

Business Economics, (a) Explain why each of the following factors may influ...

(a) Explain why each of the following factors may influence the own price elasticity of demand for a commodity. (i) Consumer preferences, that is, whether consumers regard the comm

Explain the theories of convergence, (a) Name three types of government int...

(a) Name three types of government interventions and 3 economic factors affecting the business environment and with given example explain how these affect the business environment.

What is the social capital, What is the social capital? Social Capita...

What is the social capital? Social Capital: Social capital is related with Putnam: Social capital considers to as features of social life as networks, norms and trust whi

Find the efficient allocation of consumption, There are two agents, A and B...

There are two agents, A and B. Both have preferences represented by a von Neumann-Morgenstern utility function u(c s j ) = ln (c s j ), where c s j is consumption of agent j in

Socio economic shortcoming, Discuss  (1) the key characteristics of the ...

Discuss  (1) the key characteristics of the Chinese economy during the Mao era, (2) the socio-economic shortcomings  that China experienced between 1949 and 1976 and (3) t

How does colonial background influence development process, How does coloni...

How does colonial background influence the development process? Colonial experience influences: • Language for example the official language of US is English. • Legal and

The marginal cost for firm, Consider a Bertrand duopoly. The market demand ...

Consider a Bertrand duopoly. The market demand is q=190-p. Consumers only buy from the firm whose price is lower. If two firms charge the similar price, they share the market equal

Export, Procedure for export under deferred paymet

Procedure for export under deferred paymet

Types of transaction on the capital account, Types of Transaction on the Ca...

Types of Transaction on the Capital Account are stated below: It is useful to recall the basic types of transactions recorded on the capital account: foreign portfolio investme

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd