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economics

In the world of economics, everything seems to look like a competiton. Every nation tries to figure out what the other nations do to succeed and how they are succeeding. However, all the nations on the global market are trying to become unified, for a smoother flow of goods and money. But in all reality, that is not going to happen on the immediate future. While other nations prosper, other nations continue to disintegrate. I agree with the figures presented on the chart of the HDR '99. I however disagree with the factors and aspects, because some countries' conditions are unfair and unequal to the better-off countries - more deprived countries, the more disadvantages.

I agree with the figures for obvious reasons. The more resources, the more accesibility to the resources and the more productivity. This will make countries everywhere better off. However, there are different factors, rather than just the straight figure that determine success.

For a country to be economically stable, then it must need strong, healthy people to keep the jobs going. This is not so for every country. From the


HDR, it states that the lowest overall countries to produce output is in the sub-saharan countries. And the main reason, is life expectancy. Too many people in those countries are infested with the aids virus. I believe that if the people within the world governments and labor forces (U.N.) kept these countries more civilized and in order, then these countries could very well be in contention to communicate more thoroughly with the world market. Right now, those countries are struggling within themselves.

One final disadvantage for the poor countries is also in the Human development department (GDI). In the stable countries, the equal distribution of labor between men and women creates a big asset for bosses. In the economic world, you want to have people skilled at the career they choose, not something that's irrelevant. It seems that the developing countries are looking into this strategy, but there is lack of job openings, money and resources that will not ease up in the future. Once they get economically regulated, then they can operate full time.

These are intricate factors in determining how well certain countries do, but not the total factors. In 1924, after the first world war, a struggling German economy had 1 trillion marc

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Switzerland GNP, , equal distribution, underdeveloped countries, produce output, poor countries, global market, agree figures, standard living, countries struggling,
Approximate Word count = 865
Approximate Pages = 3 (250 words per page double spaced)


  

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