United Nations Conference On Trade And Development

1410 Words6 Pages
A developed country is a state that has a highly cultivated economy and advanced technological framework as compare to other under-developed nations. The extent of economic development can be assessed by observing the GDP (Gross domestic product), GNP (Gross national product) and Per Capita Income of a country. Few examples of developed countries are following: England, Italy, Spain, Australia, Japan ecectra. Whereas, a developing country, also known as a less-developed country, is a state that has GDP per Capita less than or equal to $11,905 dollars. It has low standard of living, less developed economy and security for example, Pakistan, India, Bangladesh, Peru, Zimbabwe ecectra.
The United Nations Conference on Trade and Development…show more content…
2. JUSTIFICATION:

England is accounted as a developed nation on the grounds that the expectation for everyday life is great, it has a liberal society and it is mechanically mindful. Contrasted with an underdeveloped nation like Pakistan where the expectation for everyday life is low. Nourishment, electricity and water are rare, and where a few laws could without much of stretch abuse fundamental human rights.
COUNTRY SYMBOL INDEX LAST
ENGLAND FTSE FTSE 100 6750.76
PAKISTAN KSE KSE 100 31494.84
Karachi Stock Exchange was declared the 4th biggest Stock Market in Europe and Karachi Stock Exchange was announced the best performing stock market in 2002 by Business week. Both markets are also comparable because LSE is the biggest Stock Market of England, whereas KSE is the biggest floating market in Pakistan.
The Latest Indices report as per 21st November 2014:

The following Indices report shows that even If Pakistan is a developing country and England is already a developed country but Karachi Stock Exchange has done better than London Stock Exchange.

------------------------------------------------------------------
C) BACKGROUND AND CHARACTERISTICS OF THESE STOCK EXCHANGES: Tell about the trading securities and products?

The London Stock Exchange (LSE) is the biggest Stock Market in England, whereas Karachi Stock Exchange
Get Access
Related
Get Access