1. Survey of Economics, 4e / Ch. 23 Growth and the Less-Developed Countries ©2004 South-Western, a division of Thomson Learning™ CHAPTER 23 Growth and the Less-Developed Countries

2. Survey of Economics, 4e / Ch. 23 Growth and the Less-Developed Countries ©2004 South-Western, a division of Thomson Learning™ 2 EXHIBIT 23-1Annual GDP per Capita for Selected Countries, 2000 Source: United Nations Statistics Division, Indicators on Income and Economic Activity, http://unstats.un.org/unsd/demograhic/social/inc-eco.htm.

3. Survey of Economics, 4e / Ch. 23 Growth and the Less-Developed Countries ©2004 South-Western, a division of Thomson Learning™ 3 EXHIBIT 23-1Annual GDP per Capita for Selected (Cont.) Countries, 2000 Source: United Nations Statistics Division, Indicators on Income and Economic Activity, http://unstats.un.org/unsd/demograhic/social/inc-eco.htm.

4. Survey of Economics, 4e / Ch. 23 Growth and the Less-Developed Countries ©2004 South-Western, a division of Thomson Learning™ 4 EXHIBIT 23-2Average GDP per Capita for IACs and LDCs by Region, 2000 Source: World Bank Group, Country Comparisons, http://www.worldbank.org/data/quickreference/quickref.html.

5. Survey of Economics, 4e / Ch. 23 Growth and the Less-Developed Countries ©2004 South-Western, a division of Thomson Learning™ 5 EXHIBIT 23-3Quality-of-Life Indicators for Selected Countries Sources: World Bank Group, Data by Country, http://www.worldbank.org/data/quickreference/quickref.html and The CIA World Factbook, http://www.odci.gov/cia/publications/factbook/index.html. 1Percentage age 15 and over who can read and write. 2Kilograms of oil equivalent.

6. Survey of Economics, 4e / Ch. 23 Growth and the Less-Developed Countries ©2004 South-Western, a division of Thomson Learning™ 6 EXHIBIT 23-4 Economic Growth

7. Survey of Economics, 4e / Ch. 23 Growth and the Less-Developed Countries ©2004 South-Western, a division of Thomson Learning™ 7 EXHIBIT 23-5Annual Growth Rates for Selected Countries Source: World Bank Group, Data by Country at a Glance Tables, http://www.worldbank.org/data/quickreference/quickref.html.

8. Survey of Economics, 4e / Ch. 23 Growth and the Less-Developed Countries ©2004 South-Western, a division of Thomson Learning™ 8 EXHIBIT 23-6Alpha’s and Beta’s Present and Future Production Possibilities Curves

9. Survey of Economics, 4e / Ch. 23 Growth and the Less-Developed Countries ©2004 South-Western, a division of Thomson Learning™ 9 EXHIBIT 23-7Key Categories that Determine Economic Growth and Development

10. Survey of Economics, 4e / Ch. 23 Growth and the Less-Developed Countries ©2004 South-Western, a division of Thomson Learning™ 10 EXHIBIT 23-8The Effect of External Financing on an LDC’s Production Possibilities Curve