Economic Survey Comparison of Pakistan, Australia and Kenya

HAILEY COLLEGE OF BANKING AND FINANCE

PRESENTED BY:
Tajammal Hussain Ahmar             M06BBA051
M. Umair Hassan                               M06BBA035

DEVELOPMENT ECONOMICS

PRESENTED TO:
Sir.   Abid Hussain Ch.

COMPARISON OF DEVELOPED, DEVELOPING & UNDERDEVELOPED ECONOMIES



PURPOSE OF ASSIGNMENT

The purpose of our assignment is to choose the 3 countries (developed, developing and under-developed) and make the comparative analysis on the basis of political, economic, social, technological analysis.

For Assignment purpose we have selected:

  * Australia as developed country

  * Pakistan as developing country



  * Kenya as developing country

AUSTRALIA

BACKGROUND
Aboriginal settlers arrived on the continent from Southeast Asia about 40,000 years before the first Europeans began exploration in the 17th century. No formal territorial claims were made until 1770, when Capt. James COOK took possession in the name of Great Britain. Six colonies were created in the late 18th and 19th centuries; they federated and became the Commonwealth of Australia in 1901. The new country took advantage of its natural resources to rapidly develop agricultural and manufacturing industries and to make a major contribution to the British effort in World Wars I and II. In recent decades, Australia has transformed itself into an internationally competitive, advanced market economy. It boasted one of the OECD's fastest growing economies during the 1990s, a performance due in large part to economic reforms adopted in the 1980s. Long-term concerns include climate-change issues such as the depletion of the ozone layer and more frequent droughts, and management and conservation of coastal areas, especially the Great Barrier Reef.

GENERAL

Geography: Australia
Location: Oceania, continent between the Indian Ocean and the South Pacific Ocean
Geographic coordinates: 27° S, 133° E
Map references: Oceania
Area: 7,741,220 sq km... [continues]

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