EconomicDevelopmentPPT.pptVIP

Swaminathan S. Anklesaria Aiyar estimates that if economic reforms had taken place 10 years earlier, 14.5 million infant deaths could have been avoided In addition there would have bee 261 million fewer illiterates, and 109 million fewer poor people. Growth vs Development Growth rate of GDP may rise without development Discovery of oil or other natural resources Development measured by increases in literacy, health care etc. Most of the time they are correlated but not always Example Ghana How much difference does it make? For Ghana in 2009 GDP in official exchange rate was 14.76 billion do