Textbook: Hill, Charles, W. L. & Hult. G. T. (2019). International business: Competing in the international marketplace (13th ed.).
Chapter Three: National Differences in Economic Development.
In order to measure economic development, one common yardstick is the country’s Gross National Income or GNI. This measure allows countries to be easily analyzed by comparing one year to another or look across many years to see how much the GNI changed to identify growth trends.Economic development and growth may also be measured by the amount of innovation and entrepreneurship a market-based country creates. Although this is not an easy or accurate measurement to make, adjusted changes in GNI may reflect this measure.The more stable economies are market-based economies with a stable government and robust legal system that supports property rights and personal freedoms.
Organisation for EconomicCooperation and Development (OECD) is an intergovernmental economic organisation with 37 member countries. They publish Economic Surveys for the member countries which are available in the Business Source Ultimate Database. A few are listed below, but you can find many more in this way:
For shorter OECD Country Economic Snapshots, see the Websites for Week Three page in this LibGuide.
