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GDP of ECO403 (Last Date 25/10/2011)
Posted: Mon Oct 24, 2011 4:32 pm
by bmw
According to CIA World Fact Book, current population growth rate of Pakistan and China are 1.57% and 0.493% respectively. In both countries, ratio of females is more than males. Logically discuss that how this increasing ratio of females will affect the Gross Domestic Product (GDP) of both countries?
Re: GDP of ECO403 (Last Date 25/10/2011)
Posted: Mon Oct 24, 2011 4:35 pm
by bmw
Please help???
Re: GDP of ECO403 (Last Date 25/10/2011)
Posted: Tue Oct 25, 2011 6:01 pm
by abdulsaboor
Solution:
In these two countries (as well as others) women are given a lower standard
of education and are usually either at home or doing low paid work. So unless
they get their act together really soon there will be many vacancies for skilled
workers which cannot be filled , the result will be a lower rate of increase of
the GDP over the coming years compared to the rate it would rise if women
were properly educated and had access to skilled work