What will make useful or interesting comparisons

Assignment Help International Economics
Reference no: EM13124224

1. Work A: We are asking you to compare the relative performance of South Africa and five other reference countries of your choosing; think about what will make useful or interesting comparisons (by region, level of development, etc.). Create a new spreadsheet and enter all six countries: South Africa and the five comparators. In the first two columns, report the countries' GNI per capita and their rank on that measure. In the next two columns, report the scores and rank of each of these same countries on the HDI. Describe some of the discrepancies you see: cases in which the ranking on GDP per capita is significantly higher or lower than their ranking on the HDI. What might this be telling us about these cases?

2. Work B: Your final task is to construct TWO of your own indices. Go back to the main section of the webpage entitled Data Tools and Visualization and click on "DIY: HDI Build Your Own Index." This gives you access to a large number of different indicators, in seven large categories (health, education, income, inequality, poverty, gender, sustainability. The raw data is accessed by clicking on as many of these broad categories as you choose, opening that category, and then clicking on the small blue circle with "i" inside.) You can then select as many indicators as you like, assign a weight to that indicator and and the site will automatically compute the rank of all countries with available information. [Be aware: the site is not flawless; check the information and watch for potential errors, such as the index counting missing data as a "zero."] Construct two different indexes that show your country in a somewhat different position compared to its five comparison countries.

Requirement:

On one page, take about two-three paragraphs to describe and discuss your indicators. Why did you choose the indicators that you did? What do they show? On the second page, print out the section from your spreadsheet where you show the scores and/or ranks of the six countries on the different indicators: GNI per capita; HDI; and your two indices. This will be a Table. Refer to this table in your written discussion.

Reference no: EM13124224

Questions Cloud

What volume of 0.160 m of li2s solution is required : What volume of 0.160 M of Li2S solution is required to completely react with 125 mL of 0.160 M of Co(NO3)2
Partnership assets and the agreed fair market values : At the end of the year prior to the sale, Rita's basis in RSTU was $60,000. The partnership allocates $12,000 of income to Rita for the portion of the year she was a partner. On the date of the sale, the partnership assets and the agreed fair mark..
Find confidence interval for difference of two proportions : At a = 0.05, is there a significant difference in the proportions? Find the 95% confidence interval for the differenc of the two proportions.
Question about design for reliability : A system consists of three subsystems in parallel (assume operating redundancy). The individual subsystem reliabilities are as follows:
What will make useful or interesting comparisons : On one page, take about two-three paragraphs to describe and discuss your indicators. Why did you choose the indicators that you did? What do they show?
Discuss the tax aspects : Beige Company has approximately $400,000 in net income in 2008 before deducting any compensation or other payment to its sole owner, Janet (who is single). Assume that Janet is in the 35% marginal tax bracket. Discuss the tax aspects of each of th..
Linear programming model for maximizing profit : Linear Programming Model for Maximizing Profit of a Production Schedule, Ms. Olsen, a coffee processor, markets three blends of coffee. They are Brand X, Minim and Taster's Reject. Ms. Olsen uses two types of coffee beans
Is sample information seem to support-refute conjecture : The experiment indicates a sample average diameter x BAR = 5.027 millimeters. Does this sample information appear to support or refute the engineer's conjecture?
Illustrate what are associated with using average cost : Illustrate what problems are associated with using the average cost per unit as a performance measure? What problems are associated with using the variable cost per unit as a performance measure?

Reviews

Write a Review

International Economics Questions & Answers

  What does a strong yen mean

With the various sectors fighting each other in order to influence Japanese policy-makers, what is likely to happen to the yen and why was the yen strengthened even though the Japanese economy has been in a very sluggish growth pattern for a decade..

  Technological advances in telecommunications

Determine some of the technological advances in telecommunications and transportation that have impacted global business in the last decade?

  The absolute and relative sizes of the public debt

Explain How do economists distinguish between the absolute and relative sizes of the public debt? Why is the distinction important?

  Discuss product life cycle concept

Define brand equity and discuss what a firm can do to maintain brand equity. Discuss Product Life Cycle Concept and include the relative amounts of sales and profit during each stage.

  Forecast the impact of legislation

The government has 3-bureaues that predict the impact of legislation and information so administration and Congress can make rule.

  How heckscher-ohlin theory different from ricardian theory

Discuss and explain how does the Heckscher-Ohlin theory different from Ricardian theory in describing international trade patterns?

  Find equilibrium income and interest rate

Think that the following model of a small open economy, and Where X = exports, M = imports, e = the real exchange rate=50, Yf = foreign income = 2000.

  Calculate the forward discount

Calculate the forward discount or Premium for the Mexican peso whose 90-day forward rate is $.102 and spot rate is $.10. State whether your answer is a discount or premium.

  Valuation of call option

A European Call Option on a non dividend paying stock where stock value is $40, the strike price is $40, the risk-free rate is 4 percent per annum, the volatility is 30 percent per annum,

  Case study: the debate over ceo compensation

The most visible and highly paid person in most corporations is the chief executive officer (CEO). CEO compensation is particularly important to firms for three reasons.

  Determine the rate of deflation

Suppose a scenario where you are an entrepreneur considering to increase your production of kitchen gadgets. You need to pay back a loan of $5,000,000 over 5-years.

  Profitable monopolies

The market may function more efficiently if there is only one manufacturer. Recognize markets where monopolies may profitable, and describe why this is the case.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd