Does Geography Matter Essay - 1928 Words

The importance of geography in terms on economic development has been a long disputed topic, yet it is the most obvious explanation to the yawning gaps between several different economies, like the situation between Western Europe and Africa, in which the1820 average GDP per capita in Western Europe was about three times that in Africa; then by 1992, the average was more than thirteen times as high (Gallup, Mellinger, Sachs 1999 p.176). By saying that there is an apparent relationship between geography and economic development, it is meant that the geography of an economy, like location, climate, and natural resources, strongly influences different aspects of the economy, like trade and institution, which, in turn, determine the†¦show more content†¦Generally speaking, â€Å"coastal economies have a higher income than landlocked economies (Gallup, Mellinger, Sachs 1999 p.173),† which explains that the closeness to the water is a positive effect of the location. By say ing that the coastal economies have an advantageous location, it means that their location allows for various aids to assist productivity, namely exporting. According to Geography and Economic Development, easy accessibility to water aids an economy because there is an greater advantage to export their products, as their ability to transport and receive consumer and capital goods is much more easy than those landlocked, and thus the coastal economies have a larger demand for their goods, which means they can make a much higher profit and their overall economy is strengthened (Gallup, Mellinger, Sachs 1999 p.176). Further to this point, as also stated in Geography and Economic Development, nearly all of the world’s landlocked countries are poor (Gallup, Mellinger, Sachs 1999 p.181); of course, this statement does exclude the countries of Western and Central Europe, as they assess to the European regional market, so it focuses on the non-European-landlocked countries, like tha t of Botswana and Belarus. In the comparison of landlocked economies to those situated on a coast, the difference in income is striking, which is a result of export and import demand, to be more specific, â€Å"the landlocked countries have an average income ofShow MoreRelatedWhy Vienna Matters : Vienna1514 Words   |  7 Pages10-27-2016 GEO101 Galchutt Why Vienna Matters Vienna, located in northeastern Austria, is a beautiful place and should be considered one of the best vacation spots in the world. The beautiful art museums and music history is what draws a lot of people to visit the Austrian capital. 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