Compare Nepal & Cambodia

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LOGO LOGO Aye Chan Myae (st116970) Le Nguyen Lan Chi (st116497) Nikita Shakya (st116512) Ying Lwin ( st116510) CAMBODIA NEPAL Gender and Development Economics

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Compare GDP, GDP growth (%) ,GDP per capita of Cambodia and Nepal.Analyse one human development related indicator.

Transcript of Compare Nepal & Cambodia

CAMBODIA NEPAL

Aye Chan Myae (st116970) Le Nguyen Lan Chi (st116497)Nikita Shakya (st116512)Ying Lwin ( st116510)

CAMBODIA NEPAL

Gender and Development EconomicsLOGOLOGOProcess1. Form group (3-4 members in one group) 2. Select two countries in the same income group3. Choose one statistics from Development Economics subject guide on the course Google Sites4. Draw graphs of three economic indicators:GDP GDP growth (%) GDP per capita6. Decide of a scope of your data analysis - continuous period or cross-section). This depends on economic situations of the selected countries and data availability. 7. Analyse one human development related indicator 8. Discuss findings of your analysis within your group9. Present your findings in class GDPSource: The World Bank3GPDChart 1 clearly shows that GDP of Nepal is greater than that of Cambodia. From 2010 to 2013, GDP has increasing year by year in these two countries. GPD of Cambodia increased in even pace, while GDP of Nepal increased unevenly. In 2010, GDP of Nepal was $15,994 billion and in 2013 it reached $18,850 billion, however, from 2011 to 2013, it increased with a low pace.

GDP growthSource: The World BankGDP growthAlthough GDP of Nepal is greater than that of Cambodia, GDP growth of Nepal is much lower than that of Cambodia. Cambodia was severely hit by the 2008 economic crisis, recovery in 2010 was driven by tourism and clothing exports (producing about a third of GDP), supported by a good year in agriculture. Therefore, its GDP grew consistently. In Nepal, because of the global economic slowdown and a difficult and protracted post-conflict political transition, Nepals economic growth has not been stable. In 2012, the GDP growth rate was 4.9%, the highest achieved during the 2010-2012 period covered by the previous country partnership strategy. However, because the tense situation between the main political parties and the failure in drafting a new constitution of successive governing coalitions, the interim government was not formed until March 2013. That had a negative effect on the GDP, it decreased from 4.9% in 2012 to 3.8% in 2013.

GDP per capitaSource: The World BankGDP per capitaChart 3 shows that Cambodia has greater GDP per capita than Nepal. Per capital income of Cambodia rapidly increased from 2010 to 2013, from $782 to $1006. Nepal is heavily dependent on remittances, which amount to as much as 22-25% of GDP. Like the GDP growth, GDP per capita in Nepal reached $699, the highest point from 2010 to 2013, and decreased to $694 in 2013.

Analyse one human development related indicatorEDUCATIONMALEFEMALENepalCambodiaNepalCambodia201013258183502011457405994520123748528844404125697Table 1. Children out of school (primary)Main findingsEducation sector analysis After analyzing three economic indicator ( GDP, GDP growth and GDP per capital between two low income countries, our group continues to investigate how many percentage of GDP that the governments spend on educational sectors. Surprisingly, both countries spend under 5% of GDP for education in 2010. The Cambodian government used 2.6% and the Nepalese government used 7% respectively. Therefore there are huge numbers of children out of school even in primary level. Table 1 indicates that in Cambodian, there are 18,350 school girls dropped from basic education in 2010 and 25,697 in 2012. It is estimated that there were more than 7000 school girls stopping from their education from 2010 and 2012. However, in Nepal there were more girls out of school 59,945 in 2011 and 44,041 in 2012. While the girls out of school rate increase in Cambodia, whereas in Nepal, girls out of school rate decrease around 26%.

When looking at boys out of school in Cambodia there are around 27% in 2010 and 89% in 2012 less than school girls drop out school but in Nepal, school boys stop their education is only 7% lower in 2011 and 15% lower in 2012. Therefore, the data clearly show that both the number of Cambodian and Nepal school girls dropping out primary school rate in higher than that of school boys.

Main findingsMain findingsIn short, from 2010-2013, both Cambodia and Nepal had increasing in GDP, GDP growth and GDP per capita, thought it was still modest, however, it did not mean that their education sector also improved. Through our analysis about the economic growths indicator (GDP, GDP growth and GDP per capita) and economic developments indicator (human development-education sector), we have more insight into the differences between the economic growth and economic development.