a) Discuss the relationship between GDP, per-capita income and living standard of a nation.

b) Look at the per-capita GDP figures of South Asian countries:

Country Per-capita GDP 2018

(current US$)

Afghanistan 520

Bangladesh 1,698

Bhutan 3,243

India 2,010

Maldives 10,330

Nepal 1,033

Pakistan 1,483

Sri Lanka 4,102

i) Discuss the position of Pakistan in the region.

ii) What factors are responsible for lower per-capita GDP/income of Pakistan?

iii) What measures can be adopted to increase the per-capita income of Pakistan?