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?
Topic: GDB Discussion
Subject: GDB of ECO403
Subject: Re: GDB of ECO403 Sulution
The GDP is a measure of national income in terms of Goods and services produced with the domestic resources of the country. In countries like Pakistan where women constitute about 51% of total population meaning that about 81.6 million are women who remain at houses and have nothing to do with the economic contribution with their men. Human capital is the most precious capital but in country like Pakistan where the majority of population stays at homes and do nothing in economic front. This precious human capital is being wasted instead the population of women is increasing by numbers in 2.6 million more persons are added to the society and no. of people working is far less than what is required. In this way the increase in the population of women will if at one side be a source of low level of National Income on the other side this increase in the population will also cause an increase in the demand for goods and services cause a decrease in the national income. To identify the effect of growing population of women on GDP can be explained well with the help of the past data regarding their contribution in GDP. And in the late 1990s, Labor productivity (measured as output per hour worked), which had previously grown at about 1.5 percent per year from 1973 to 1995, accelerated to about 2.5 percent a year from 1995 to 2000. Although productivity typically falls coming out of a recession, as it did in 2001, more recent data suggest that trend productivity remains high compared to the 1970s and 1980s. This rise in productivity is quite large by historic standards and brings with it very significant positive implications for the economy. In particular, increases in productivity mean larger potential increases in GDP without the same risk of inflation in an economy where productivity is lower. One calculation suggests that current output per person is about 10 percent higher than it would have been without the productivity acceleration. And, in the long run, increases in productivity raise real wages and allow our children to enjoy a higher standard of living, accumulate greater wealth, and pay for programs such as Social Security. But in recent years although the Productivity has been increased but the women contribution in Pakistan is far less than the women contributions in China where a major portion of women population is engaged in the economic activity. The women equally contribute with their men and mostly engaged in the cottage industry. There is a well established system through which all the women contribute with their men. In agriculture women contribute with their men through agricultural Communes and on the other hand they are engaged in contributing with their men through the cottage industry. This is the major cause of difference between role of women in contribution of GDP.
Subject: GDB of sta301
Graded Discussion Board (GDB) for STA301 will be opened on June 05, 2012 and will remain open till June 07, 2012. The topic of this GDB will be,
“Explain how measure of central tendency and measure of dispersion are complementary to each other to describe the data”
Your comments should NOT exceed from 200 words.
NOTE: Your comments MUST be posted with in due date and it will NEVER accept through e-mail.