Use Table 1.1 to find the three most open economies in 2009, and the three most closed.
Question:
Use Table 1.1 to find the three most open economies in 2009, and the three most closed.
How does the growth performance of these countries compare with the growth of the average country in the table?
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TABLE 1.1 Basic Characteristics of Selected Countries GNP per capita Index of Openness Goods & Services 2009 Population (millions) Area Avg. Yearly 2009 % Growth (1,000s sq. km.) ($) Estimate 2000-2009 PPP Exports 2009 Imports 2009 1980 2009 (millions of $) Low-income Economies Burundi 8.0 28 150 390 0.2 9.0 4.9 65 410 Malawi 15.0 118 280 760 2.1 25.0 19.3 960 1,600 Ethiopia 83.0 1,104 330 930 5.9 11.0 5.2 1,490 7,310 Niger 15.0 1,267 340 660 0.8 25.0 16.7 900 1,550 Sierra Leone 6.0 72 340 790 6.2 18.0 10.6 205 505 Guinea 10.6 246 370 940 0.5 n.a. 23.9 980 1,400 Madagascar 20.0 587 420 1,050 1.1 13.0 12.7 1,150 2,900 Mozambique 23.0 802 440 880 5.4 11.0 19.9 1,950 3,750 Nepal 29.0 147 440 1,180 1.7 12.0 5.4 680 3,550 Togo 7.0 57 440 850 -0.1 51.0 27.3 780 1,400 Central African Republic 4.0 623 450 750 -1 25.0 5.5 110 300 Rwanda 10.0 26 460 1,060 4.3 14.0 4.0 205 1,750 Uganda 33.0 241 460 1,190 4.3 19.0 22.6 3,560 4,410 Tanzania 44.0 945 500 1,350 4 n.a. 13.7 2,970 6,347 Burkina Faso 16.7 274 510 1,170 2.1 10.0 9.8 800 1,900 Bangladesh 159.0 144 590 1,580 4.3 4.0 16.9 15,081 21,833 Chad 11.0 1,284 610 1,230 7.2 17.0 40.4 2,700 2,100 Mali 13.0 1,240 680 1,190 2.9 15.0 23.3 2,100 2,600 Ghana 24.8 239 700 1,480 3.4 8.0 35.4 5,530 8,140 Benin 9.0 113 750 1,510 0.7 23.0 15.0 1,000 1,800 Kenya 40.0 580 770 1,570 1.8 28.0 14.4 4,335 9,670 Mauritania 3.0 1,026 960 1,960 2.1 37.0 44.9 1,360 1,410 Group Average 500 1,112 2.7 18.8 17.8 2,223 3,938
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