Question
Using World Bank data compare one advanced and one developing country, by examining and comparing economic and social indicators, such as the following, for the
Using World Bank data compare one advanced and one developing country, by examining and comparing economic and social indicators, such as the following, for the year 2015.
GDP (constant 2010 US$)
GDP per capita (constant 2010 US$)
Exports of goods and services (constant 2010 US$)
Imports of goods and services (constant 2010 US$)
External balance on goods and services (current US$)
External balance on goods and services (% of GDP)
Population, total
Population, female (% of total population)
Population, male (% of total population)
Rural population (% of total population)
Urban population (% of total population)
Life expectancy at birth, female (years)
Life expectancy at birth, male (years)
Employment to population ratio, 15+, total (%) (modeled ILO estimate)
Employment to population ratio, 15+, male (%) (modeled ILO estimate)
Employment to population ratio, 15+, female (%) (modeled ILO estimate)
Individuals using the Internet (% of population)
Adolescent fertility rate (births per 1,000 women ages 15-19)
Prevalence of undernourishment (% of population)
Then, compare the cultural differences, including political structure, average education, and social influences, to determine why these two countries are so different.
Access theWorldBank datafrom Purdue University's Economic Education website, or you can go directly to theWorld Bankwebsite.
The following additional resources may help you to familiarize yourself with how multiculturalism and diversity play a significant role in aiding economic growth and development.
Arocena, F., & Porzecanski, R. (n.d.).Ethnic inequality, multiculturalism and globalization: The cases of Brazil, Bolivia and Peru.http://www.multiculturalismoenuruguay.com/Docs/Articulos/IJCSArocena.pdf
Fensham, P. (2017).Planning in Australia: Economic benefits of cultural diversity.https://www.sgsep.com.au/publications/insights/economic-benefits-of-cultural-diversity
Kivoto, E. (n.d.).Ethnic conflict and its impact on economic development in Africa: A case study of Kenya.http://www.academia.edu/11302119/ETHNIC_CONFLICT_AND_ITS_IMPACT_ON_ECONOMIC_DEV ELOPM ENT_IN_AFRICA_A_CASE_STUDY_OF_KENYA
Part 1: Research
You will need to locate one or more scholarly articles from the Purdue Global Library that will help you to analyze factors that determine the disparities of economic growth among countries. The article(s) should provide you with information to answer Part 2 .
The following criteria:
- Explain how your search terms were refined.
- Identify your choice of databases (for example: EBSCO or ProQuest ABI/Inform).
- Identify the range of dates used.
- Identify the experts.
- Identify how you sorted the relevant topics.
Part 2: Conclusions
Based on the articles provided and the research you conducted using the Library and Internet, identify key factors that determine long-term economic growth by comparing two different countries of your choice. One advanced economy such as England, Canada, Germany, etc., and the other country is considered a developing economy, such as Angola, Afghanistan, Bangladesh, etc.
Explain how economically different the two countries are, by examining at least five different economic indicators, such as gross domestic product, gross domestic product per person, exports, imports, the balance of payments, and the differences in at least three of their social indicators, such as population, population per square kilometer, etc. Then, expand your research into the cultural differences, including political structure, average education, and social influences, to determine why these two countries are so different economically.
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