Question 1. Thailand and Malaysia, use this two countries to estimate the following data for 2 different decades for 1990-2000 and 2001 -2010.
- GDP growth rate (average) for 2 the two time span)
- Population Growth rate (average) for the two same period)
- GDP per capita growth rate (average) for the same time period
Then, briefly explain the GDP per capita comparison between the two countries selected. In your comparison, critically indicate if population growth rate cause a slow of fast economic growth rate per capita. Also explain if the comparison between population growth rate and GDP per capital the does indicate any correlation or connection. Why or why not?
Source of Data: IMF or Worldbank.
You may download data base (either entire or country group) from this url:
https://www.imf.org/external/pubs/ft/weo/2015/01/weodata/download.aspx
Question 2. For the same two countries, Thailand and Malaysia. collect the most recent data on HDI and GINI Coefficients and critically analyze if you see any connections between them in terms of economic development.
Question 3. Do you think that the industrial capitalism in colonial era was a primary cause for slow pace of economic development of developing nations after their independence? How does your take relate to the dependency path of economic development in post-colonial period of industrial capitalism? Give an example of your country case study.