ECONOMIC DATA OF SOME POSTCOMMUNIST GOVERNMENTS
In this document we are going to develop some economic and demographic data concerning three ex-Soviet countries: Ukraine, Armenia and Georgia. We are going to analyze them briefly in order to check whether the conditions of a revolution are similar than in the Arab Spring countries.
UKRAINE, ARMENIA ANDGEORGIA
SCHEME AND METHODOLOGY
In this paper some economic and demographic data are going to be analyzed, giving some insights about the possibility of any revolutionary movement within the country. We are going to group all the data in three big topics: economic factors, demographic factors and human development factors. Within each group there will be more than one indicator, first explained as awhole and later develop for each of the countries. This scheme will be followed during the whole paper, finishing with a conclusion.
1. ECONOMIC FACTORS a. GDP/PPP b. GDP/ capita c. GNP/PPP d. Labor force statistics 2. DEMOGRAPHIC FACTORS a. Population data b. Young population c. Education levels 3. HUMAN DEVELOPMENT FACTORS a. HDI b. Poverty line
UKRAINE, ARMENIA AND GEORGIA1. ECONOMIC FACTORS1
This entry gives the gross domestic product (or value of final goods and services) produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking atper-capita welfare and when comparing living conditions or use of resources across countries, because using only the GDP in each country’s currency, it would be impossible to compare countries among them.
GDP per capita:
This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year for every country2.
GDP (official exchange rate):
This entrygives the gross domestic product or, again, value of all final goods and services produced within a nation in a given year. A nation's GDP at official exchange rates is the annual GDP of the country denominated in its home currency and then converted into US dollars (using that year’s exchange rate). The measure is simple to compute and gives a precise measure of the value of output. In thisparticular study we are doing, this data is really useful because it lets us compare the weight of each country in absolute terms (this can be good in order to see the influences of each country).
UKRAINE GDP (PPP)* GDP (official exchange rate) World ranking: $305.2 billion $136.4 billion 40 ARMENIA $16.86 billion $9.389 billion 133 GEORGIA $22.44 billion $11.67 billion 121
1Definitions of each factor are adapted from the CIA website (cia.gov), Wikipedia (wikipedia.org) and Investopedia (investopedia.com). 2 This methodology is used by the CIA Fact book, and has actually been implemented in a lot as official websites. Other important organizations use 1 January as a comparison date (i.e. European Parliament Database). The important thing here is that you use the same datefor every country. 3 Source: own elaboration taking data from the World Fact Book. Note that data are in 2010 US dollars.
UKRAINE, ARMENIA AND GEORGIA
LABOR FORCE STATISTICS:
Here there are stated some data concerning the labor force. This entry also lists the percentage distribution of the labor force by sector of occupation. Agriculture includes farming, fishing, andforestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other economic activities that do not produce material goods. The distribution will total less than 100 percent if the data are incomplete and may range from 99-101 percent due to rounding.