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Mapa mental

Chapter 3 - differences in ED

Jodie Arnold Business/Economics Inglés

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Chapter 3 - differences in ED

  1. National difference to EC Development

    • Other Factors - Geography & Edu
  2. Differences in National political economic and legal systems

    • GNI, PPP & HDI - Sen
      • HDI (UN) - Life Ex, Edu & PPP
  3. Market based reforms

    • Innovation & Entrepreneurship require a market economy
      • Innovation & Entrepreneurship require strong property rights
    • Spread of market
      • Eg China, Angola, Ethiopia, Mozambigue
      • Deregulation
      • Privatization
      • Legal system
  4. Political Systems

    • China eg of Market Economy/Totlitarian
    • Dictatorships - don't work eg Africa
    • Spread of Democracy
      • T- failed to deliver on eco progress
      • Info avail - state can't dictate info
      • Emergence of middle class

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Descripción
Determines level of ED of a nation Macropolitical & Macroeconomic changes Moving towards market-based systems Mgt practice of national difference in political economy
Creado por
Jodie Arnold
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27
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