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INDIA VS MALDIVES
COMPARING ECONOMIES:
Introduction
 India and Maldives have had friendly and close
relations in terms of economic, strategic and military
cooperation.
 Both countries will be compared in terms of Maldives
being the smallest economy of South Asia and India
being one of the largest.
 Comparitive analysis on the basis of economic
indicators such as the GDP growth, Human
Development Index, Trade, Poverty Index,
Corruption Index, Agriculture, Forestry, Fishing and
Industrial Sector.
Indian Economy
 4rth largest economy of the world with around 1.2
billion people.
 Agriculture revolution.
 Life expectancy has doubled.
 India adopted free market policies and imposed
trade liberalization.
Historical Preview
 Precolonial Period(upto1773)
 Colonial period (1773–1947)
 Pre-liberalisation period (1947–1991)
 Post-liberalisation period (since 1991)
Economic Growth Analysis
1. Gross Domestic Product
2. Human Development Index
 3. Trade
4. Poverty Rate
5. Corruption Index
6. Agricultural, forestry and fisheries
7. Industrial Sector
Fastest Growing Sector of India IT Sector
MALDIVES
INTRODUCTION
 Located in South Asia, Maldives is stretched 500 miles
of Indian Ocean.
 Capital of Maldives is Male which is currently the
smallest urban capital in the entire world.
 Population of Maldives recorded in 2013 was 345,023.
 The current president of Maldives is Abdulla Yameen
and the current Prime minister is Mohamed Nasheed.
HISTORY OF MALIDIVES
 In 2005, multi-party democracy was introduced in
Maldives.
 A new constitution with new rectified policy was
presented in 2008 after which Maldives experienced
their first free elections.
 The new democratic reform gave Maldivians the
right to elect a new president, parliament,
independent judiciary and other independent
institute.
ECONOMIC DEVELOPMENT
 In 1960’s, Maldives was one of the poorest nation.
 Economic growth has been sustained in Maldives but
at a slower rate.
 Tourism has positively affected 2/3rd of the economic
activities in Maldives.
ECONOMIC DEVELOPMENT
CURRENT ECONOMIC DEVELOPMENT
 Maldives current economic development is far better
than other South Asian countries but still faces many
internal and external challenges.
 Maldives had a very weak macroeconomic position
during the 2008 international crises.
 The situation became even worse the ongoing debt
crises.
ECONOMIC GROWTH ANALYSIS
 GROSS DOMESTIC PRODUCTION
ECONOMIC GROWTH ANALYSIS
 HUMAN DEVELOPMENT INDEX
ECONOMIC GROWTH ANALYSIS
 TRADE
 POVERTY RATE
 CORRUPTION
 AGRICLUTURE, FORESTRY, FISHING
 INDUSTRIAL SECTOR
MAJOR ECONOMIC SECTOR
 Maldives is making efforts to boost their major sector
that produces highest revenue – Tourism.
 The development of tourism sector is divided into
three different phases.
o The First phase (1972-1978)
o The Second phase (1979-1988)
o The Third phase (1989-1997)
COMPARATIVE ANALYSIS
 GDP of India and Maldives
 HDI of India and Maldives
 Poverty rate of India and Maldives
Comparing economies of India VS Maldives

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Comparing economies of India VS Maldives

  • 2. Introduction  India and Maldives have had friendly and close relations in terms of economic, strategic and military cooperation.  Both countries will be compared in terms of Maldives being the smallest economy of South Asia and India being one of the largest.  Comparitive analysis on the basis of economic indicators such as the GDP growth, Human Development Index, Trade, Poverty Index, Corruption Index, Agriculture, Forestry, Fishing and Industrial Sector.
  • 3. Indian Economy  4rth largest economy of the world with around 1.2 billion people.  Agriculture revolution.  Life expectancy has doubled.  India adopted free market policies and imposed trade liberalization.
  • 4. Historical Preview  Precolonial Period(upto1773)  Colonial period (1773–1947)  Pre-liberalisation period (1947–1991)  Post-liberalisation period (since 1991)
  • 5. Economic Growth Analysis 1. Gross Domestic Product
  • 10. 6. Agricultural, forestry and fisheries
  • 12. Fastest Growing Sector of India IT Sector
  • 14. INTRODUCTION  Located in South Asia, Maldives is stretched 500 miles of Indian Ocean.  Capital of Maldives is Male which is currently the smallest urban capital in the entire world.  Population of Maldives recorded in 2013 was 345,023.  The current president of Maldives is Abdulla Yameen and the current Prime minister is Mohamed Nasheed.
  • 15. HISTORY OF MALIDIVES  In 2005, multi-party democracy was introduced in Maldives.  A new constitution with new rectified policy was presented in 2008 after which Maldives experienced their first free elections.  The new democratic reform gave Maldivians the right to elect a new president, parliament, independent judiciary and other independent institute.
  • 16. ECONOMIC DEVELOPMENT  In 1960’s, Maldives was one of the poorest nation.  Economic growth has been sustained in Maldives but at a slower rate.  Tourism has positively affected 2/3rd of the economic activities in Maldives.
  • 18. CURRENT ECONOMIC DEVELOPMENT  Maldives current economic development is far better than other South Asian countries but still faces many internal and external challenges.  Maldives had a very weak macroeconomic position during the 2008 international crises.  The situation became even worse the ongoing debt crises.
  • 19. ECONOMIC GROWTH ANALYSIS  GROSS DOMESTIC PRODUCTION
  • 20. ECONOMIC GROWTH ANALYSIS  HUMAN DEVELOPMENT INDEX
  • 21. ECONOMIC GROWTH ANALYSIS  TRADE  POVERTY RATE  CORRUPTION  AGRICLUTURE, FORESTRY, FISHING  INDUSTRIAL SECTOR
  • 22. MAJOR ECONOMIC SECTOR  Maldives is making efforts to boost their major sector that produces highest revenue – Tourism.  The development of tourism sector is divided into three different phases. o The First phase (1972-1978) o The Second phase (1979-1988) o The Third phase (1989-1997)
  • 23. COMPARATIVE ANALYSIS  GDP of India and Maldives  HDI of India and Maldives  Poverty rate of India and Maldives