In 2022, Papua New Guinea recorded a robust real GDP growth rate of 4.5%, driven largely by high-value resource extraction in liquefied natural gas (LNG) and mining. However, its Human Development Index (HDI) remains low at 0.568, with a maternal mortality ratio of 171 per 100,000 live births and only 40% of the population having access to electricity.
Using examples to illustrate your answer, explain the difference between economic growth and economic development.
310 exam-style questions on AQA A Level Economics 2.6 The international economy (A-level only), covering 2.6.1 Globalisation, 2.6.2 Trade, 2.6.3 The balance of payments, 2.6.4 Exchange rate systems, and 2.6.5 Economic growth and development. Each one has a worked solution and a mark scheme showing where the marks go.