CAMBODIA – NEPAL
Group income: low income
Chart 1
clearly shows that GDP of Nepal is greater than that of Cambodia. From 2010 to
2013, GDP has increasing year by year in these two countries. GPD of Cambodia
increased in even pace, while GDP of Nepal increased unevenly. In 2010, GDP of
Nepal was $15,994 billion and in 2013 it reached $18,850 billion, however, from
2011 to 2013, it increased with a low pace.
Although GDP of Nepal is greater than that of Cambodia, GDP growth of
Nepal is much lower than that of Cambodia. Cambodia was severely
hit by the 2008 economic crisis,recovery in 2010 was driven by tourism
and clothing exports (producing about a third of GDP), supported by a good year in agriculture. Therefore,
its GDP grew consistently. In Nepal, because of the global economic slowdown and a
difficult and protracted post-conflict political transition, Nepal’s economic
growth has not been stable. In 2012, the GDP growth rate was 4.9%, the highest achieved during the 2010-2012
period covered by the previous country partnership strategy. However,
because the tense situation between the
main political parties and the failure in drafting a new
constitution of successive governing coalitions, the interim government was not formed until March 2013.That had a
negative effect on the GDP, it decreased from 4.9% in 2012 to 3.8% in 2013.
Chart 3 shows
that Cambodia has greater GDP per capita than Nepal. Per capital income of
Cambodia rapidly increased from 2010 to 2013, from
$782 to $1006. Nepal is heavily dependent on remittances, which amount to as
much as 22-25% of GDP. Like the GDP growth, GDP per capita
in Nepal reached $699, the highest point from 2010 to 2013, and decreased to
$694 in 2013.
ANALYSE ONE HUMAN
DEVELOPMENT RELATED INDICATOR
EDUCATION
Education sector analysis
Education sector analysis after analyzing three economic
indicator ( GDP, GDP growth and GDP per capital between two low income
countries, our group continues to investigate how many percentage of GDP that
the governments spend on educational sectors. Surprisingly, both countries
spend under 5% of GDP for education in 2010. The Cambodian government used 2.6%
and the Nepalese government used 7% respectively. Therefore there are huge
numbers of children out of school even in primary level. Table 1 indicates that in Cambodian, there are 18,350 school
girls dropped from basic education in 2010 and 25,697 in 2012. It is estimated
that there were more than 7000 school girls stopping from their education from
2010 and 2012. However, in Nepal there were more girls out of school 59,945 in
2011 and 44,041 in 2012. While the girls out of school rate increase in
Cambodia, whereas in Nepal, girls out of school rate decrease around 26%.
When looking at boys out of school in
Cambodia there are around 27% in 2010 and 89% in 2012 less than school girls
drop out school but in Nepal, school boys stop their education is only 7% lower
in 2011 and 15% lower in 2012. Therefore, the data clearly show that both the
number of Cambodian and Nepal school girls dropping out primary school rate in
higher than that of school boys.
In short, from
2010-2013, both Cambodia and Nepal had increasing in GDP, GDP growth and GDP
per capita, thought it was still modest, however, it did not mean that their
education sector also improved. Through our analysis about the economic
growth’s indicator (GDP, GDP growth and GDP per capita) and economic
development’s indicator (human development-education sector), we have
more insight into the differences between the economic growth and economic
development.
Group Members
1.
Aye Chan
Myae (st116970)
2. Le Nguyen Lan Chi
(st116497)
3.
Nikita Shakya (st116512)
4.
Ying Lwin ( st116510)
