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Economy Of Pakistan
Pakistan is a low income developing country. Its economy is the 23rd-largest worldwide in terms of GDP based on purchasing power parity (PPP). According to a 2021 estimate, the Country has a population of 227 million people ( 5th-largest worldwide). As of FY22, the nominal GDP of Pakistan stands at with a nominal GDP per capita of (177th worldwide); its GDP based on PPP stands at with a GDP (PPP) per capita of (168th worldwide). Pakistan is a developing country with a semi-industrial economy. Primary export commodities include textiles, leather goods, sports equipment, chemicals, and carpets/rugs. The growth poles of Pakistan's economy are situated along the Indus River; the diversified economies of Karachi and major urban centres in Punjab, co-existing with lesser developed areas in other parts of the country. The Pakistani economy has suffered in the past from internal political turmoil, a rapidly growing population, and mixed levels of foreign investment. Foreign ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Countries By GDP (nominal)
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. Nominal GDP does not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. Such fluctuations may change a country's ranking from one year to the next, even though they often make little or no difference in the standard of living of its population. Comparisons of national wealth are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. Other metrics, nominal GDP per capita and a corresponding GDP (PPP) per capita are used for comparing national standard of living. On the who ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Countries By Human Development Index
The United Nations Development Programme (UNDP) compiles the Human Development Index (HDI) of 191 nations in the annual Human Development Report. The index considers the health, education and income in a given country to provide a measure of human development (economics), human development which is comparable between countries and over time. The HDI is the most widely used indicator of human development and has changed how people view the concept. However, several aspects of the index have received criticism. Some scholars have criticized how the factors are weighed, in particular how an additional year of life expectancy is valued differently between countries; and the limited factors it considers, noting the omission of factors such as the levels of distributional and gender inequality. In response to the former, the UNDP introduced the list of countries by inequality-adjusted Human Development Index, inequality-adjusted Human Development Index (IHDI) in its 2010 report, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Nations Development Programme
The United Nations Development Programme (UNDP)french: Programme des Nations unies pour le développement, PNUD is a United Nations agency tasked with helping countries eliminate poverty and achieve sustainable economic growth and human development. Headquartered in New York City, it is the largest UN development aid agency, with offices in 170 countries. The UNDP emphasizes developing local capacity towards long-term self-sufficiency and prosperity. It administers projects to attract investment, technical training, and technological development, and provides experts to help build legal and political institutions and expand the private sector. The UNDP operates in 177 countries and is funded entirely by voluntary contributions from UN member states. Also, UNDP is governed by a 36-member executive board overseen by an administrator, who is third-highest ranking UN official after the Secretary-General and Deputy Secretary-General. Founding The UNDP was founded on 22 Nove ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Human Development Report
The Human Development Report (HDR) is an annual Human Development Index report published by the Human Development Report Office of the United Nations Development Programme (UNDP). The first HDR was launched in 1990 by the Pakistani economist Mahbub ul Haq and Indian Nobel laureate Amartya Sen. Since then reports have been released most years, and have explored different themes through the human development approach, which places people at the center of the development process. The reports are ensured of editorial independence by the United Nations General Assembly. They are seen as reports to UNDP, not of UNDP. This allows each report greater freedom to explore ideas and constructively challenge policies. Each report also presents an updated set of indices, including the Human Development Index (HDI), which is a measure of average achievement in the basic dimensions of human development across countries, and a compendium of key development statistics relevant to the report the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Extreme Poverty Extreme poverty, deep poverty, abject poverty, absolute poverty, destitution, or penury, is the most severe type of poverty, defined by the United Nations (UN) as "a condition characterized by severe deprivation of basic human needs, including food, safe drinking water, sanitation facilities, health, shelter, education and information. It depends not only on income but also on access to services" (UN 1995 report of the World Summit for Social Development). Historically, other definitions have been proposed within the United Nations. In 2018, extreme poverty mainly refers to an income below the international poverty line of $1.90 per day (in 2011 prices, $ in dollars), set by the World Bank. In October 2017, the World Bank updated the international poverty line, a global absolute minimum, to $1.90 a day. This is the equivalent of $1.00 a day in 1996 US prices, hence the widely used expression "living on less than a dollar a day". The vast majority of those in extreme poverty ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
