Poverty the Economic Quality of Case Study

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There are 346 cars per 1000 population in the country (The Economist, 2011).

Andorra has an adult literacy rate of 100%. Life expectancy at birth is 82.43 years and the infant mortality rate 3.8 deaths per 1000 live births. The unemployment rate is 2.9%. The country has 64,500 cellular phones for 84,825 people, a rate of 0.76. The rate of landlines is 44.6%. There are 67,100 Internet users, or 79.1% of the population. There are no figures given by the Economist of the number of cars in Andorra.

These figures confirm the hypothesis that Andorra, despite having a lower GDP per capita, enjoys a higher quality of life. It has fewer cell phones, for example, in part because it has better landline connectivity. With respect to human measures, however, Andorra's superior literacy rate, life expectancy and infant mortality rates point to a higher degree of success in developing human successes.

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Going forward, there is a strong likelihood that Andorra's economy will not grow at as fast a rate as Brunei's. The country already enjoys one of the world's best standards of living. In Brunei, however, there are two major threats. The first is that the wealth is not well-distributed. The country is dependent on oil wealth and if this is not spent on human development, the prospects for organic economic growth are relatively poor, especially given its remote location. I believe in the future that Andorra will continue to be better represented in GDP per capita calculations. The country's per capita GDP reflects its high quality of life. In Brunei, the high per capita GDP masks the fact that its economy as a whole is roughly on the same level as the Malaysia states with which it shares its border. Unless wealth distribution improves in.....

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