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Extract data for the Real GDP of 2 sample countries (1 developed country and one developing country) from the years 1996 till 2020. You are
Extract data for the Real GDP of 2 sample countries (1 developed country and one developing country) from the years 1996 till 2020. You areexpected to analyze and discuss:
- Economic growth patterns of these countries with the help of graph.
- Explain the economic issues that have happened during the years under consideration. How is this reflected in their per capita GDP, inflation, unemployment rate, and the policy measures in these countries during this time? Note, the major economic shocks to consider during this time could be a financial crisis, pandemic, war, political instability, hyperinflation, etc.
- Will the developing countries catch up to rich countries by growing faster?
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