Emerging & Dev econ + inequality

Question 1

Case study 1: Bangladesh

Question 2

SDGs - goals and actual imp

Question 3

Effectiveness of SDGs

Question 4

Define income inequality

Question 5

Case study of limitations of primary product dependency on economic dev in emerging economies

Answer 5

• 2022 copper exports from Zambia accounted for 70% of their total exports and primary products in excess of 90%. They are suffering from over-specialisation
• -> Primary products tend to have a very low-income elasticity of demand (YED). As world income rises, there is a less than proportional increase in demand

This means that there is limited scope to continue increasing demand