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SOME QUESTIONS? What does "development" really means with respect to different countries? Can you...

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Page 1: SOME QUESTIONS?  What does "development" really means with respect to different countries?  Can you determine which countries are more developed and.
Page 2: SOME QUESTIONS?  What does "development" really means with respect to different countries?  Can you determine which countries are more developed and.

SOME QUESTIONS?

What does "development" really means with respect to different countries?

Can you determine which countries are more developed and which are less?

Page 3: SOME QUESTIONS?  What does "development" really means with respect to different countries?  Can you determine which countries are more developed and.

Economic Development

Analyse the prospects of development of Kazakhstan’s economy

Page 4: SOME QUESTIONS?  What does "development" really means with respect to different countries?  Can you determine which countries are more developed and.

LEARNING OBJECTIVES

Distinguish between economic growth and development

Identify factors that affect economic development

Analyse the factors related to the Kazakhstan economy

Decide whether Kazakhstan might achieve its development plan in future

Page 5: SOME QUESTIONS?  What does "development" really means with respect to different countries?  Can you determine which countries are more developed and.

DEFINITIONS

IN PAIRSLook for the difference between economic growth and economic development.

Page 6: SOME QUESTIONS?  What does "development" really means with respect to different countries?  Can you determine which countries are more developed and.

DEFINITIONS Economic growth : increase in output and

incomes over time, measured on a per capita basis

Economic Development : The process that leads to improved standards of living for the population

Human development : Human development is the widening of people’s choices in life to achieve wellbeing

Sustainable development: The use of various strategies and resources optimally to achieve a beneficial balance over the longer term

Page 7: SOME QUESTIONS?  What does "development" really means with respect to different countries?  Can you determine which countries are more developed and.

ECONOMIC DEVELOPMENT

Page 8: SOME QUESTIONS?  What does "development" really means with respect to different countries?  Can you determine which countries are more developed and.
Page 9: SOME QUESTIONS?  What does "development" really means with respect to different countries?  Can you determine which countries are more developed and.

IN PAIRS

Read the passage and identify the factors (indicators) of economic development

TA SK

Page 10: SOME QUESTIONS?  What does "development" really means with respect to different countries?  Can you determine which countries are more developed and.

FACTORS FOR ANALYSING ECONOMIC DEVELOPMENT

Page 11: SOME QUESTIONS?  What does "development" really means with respect to different countries?  Can you determine which countries are more developed and.

MAIN FACTORS

#1 HUMAN DEVELOPMENTa) Life sustenance (access to basic

goods and services)b) Self esteem (respect and

dignity)c) Freedom (from want and

poverty

Page 12: SOME QUESTIONS?  What does "development" really means with respect to different countries?  Can you determine which countries are more developed and.

MAIN FACTORS

#2 INCREASE IN THE QUANTITY OF PHYSICAL CAPITAL

What is “Physical capital” ???

--------------------

Is an important source of growthIncreases Productivity of labour

Page 13: SOME QUESTIONS?  What does "development" really means with respect to different countries?  Can you determine which countries are more developed and.

MAIN FACTORS

#3 INCREASES THE QUANTITY OF HUMAN CAPITAL

- Human capital is a source of growth.

How can we increase the productivity of labour???

-----------------------------------

1) EDUCATION 2) HEALTH

Page 14: SOME QUESTIONS?  What does "development" really means with respect to different countries?  Can you determine which countries are more developed and.

MAIN FACTORS

#4 DEVELOPMENT OF NEW TECHNOLOGIESWhy is it important ?

It increases the QUALITY of physical capital

BUT

It must be suitable for the country

Eg Climate, ecology and geographical conditions

Page 15: SOME QUESTIONS?  What does "development" really means with respect to different countries?  Can you determine which countries are more developed and.

MAIN FACTORS

#5 INSTITUTIONAL CHANGES

= (rules of organisations)Include- Economic – finance and credit- Legal – contracts and tax- Social – corruption and poverty

- Can you think of examples that hinder growth?

Page 16: SOME QUESTIONS?  What does "development" really means with respect to different countries?  Can you determine which countries are more developed and.

AN EXAMPLE

AUKLAND (New Zealand)

Page 17: SOME QUESTIONS?  What does "development" really means with respect to different countries?  Can you determine which countries are more developed and.

DEVELOPMENT GOALS

Page 18: SOME QUESTIONS?  What does "development" really means with respect to different countries?  Can you determine which countries are more developed and.

GROUP STUDY

Let’s look at Kazakhstan


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