Comparing development trends in China with other middle-income countries
A. Look up Manufacturing, value added (% of GDP) for China in the World Bank Database, and plot the trend (it should start in the mid-2000s). What’s happened to the trend since the 2008-09 global financial crisis?
World Bank Database link:
https://data.worldbank.org
B. Look up GNI per capita, Atlas method (current US$) for China in the database – and note the data point for 2019. This is an FX measure of GNI per capita!
C. Look up GDP per capita, PPP (current international $) for China in the database and note the data point for 2019. How different is it from the FX measure?
D. For 2019, compare China’s GNI per capita (FX) with the United States’ GNI per capita. What is the relative % of China’s income level to the US? [China GNI per capita / USA GNI per capita]
E. For 2019, compare China’s GDP per capita (PPP) with the United States’ GDP per capita. What is the relative % of China’s income level to the US? [China GDP per capita / USA GDP per capita]
F. Find three other countries with GNI per capita, Atlas Method, which are within +/- $2000 of China’s for 2019. You can search by country, or find all countries listed here: https://data.worldbank.org/indicator/NY.GNP.PCAP.CD
G. Plot the Manufacturing, value added (% of GDP) for these three countries along with China on a single chart (2004-present). If a country does not have any data for this indicator, pick another one!
H. Describe the differences between China and your other choices. If the manufacturing share is lower or higher in other countries, look up Services, value added (% of GDP) and Agriculture, forestry, and fishing, value added (% of GDP) for these other countries. Use these trends to describe the differences over the last 10-15 years between these countries and China. Why do you think these trends look the way they do? (2-3 sentences).
Sample Solution
