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Why might high levels of inequality lead to lower rates of growth and development? Why might it be difficult to get out of this kind of trap?
Which ones would be most difficult to escape? How could the developed world be of assistance in these cases? Could developed countries do more?
What role do you think international trade and foreign investment can play in solving some of the problems identified in the big push model?
How might these two approaches work together? In what ways do developing countries depend on rich countries? In what ways is the opposite true?
What is meant by the term neoclassical counterrevolution? What are its principal arguments, and how valid do you think they are? Explain your answer?
Explain the meaning of dualism and dual societies. Do you think that concept of dualism adequately portrays development picture in most developing countries?
Explain the essential distinctions among the stages-of-growth theory of development, the structural-change models of Lewis and Chenery.
In what ways do you think either one is a better measure of human development? In your answer, consider the significance of computing with a geometric mean.
What were the central findings of Melissa Dell's research on the mita system, and what is their significance for the study of economic development?
How does the concept of capabilities to function help us gain insight into development goals and achievements? Is money enough? Why or why not?
What critical issues are raised from the examination of development problems and prospects facing Brazil?
What are these problems? Which do you think are the most important? Why? Explain the distinction between low levels of living and low per capita incomes.
What is meant by the statement that many developing nations are subject to dominance, dependence, and vulnerability.
Explain the many ways in which developing countries may differ in their economic, social, and political structures?
What are good economic institutions, why do so many developing countries lack them, and what can developing countries do to get them? Justify your answer?
What factors would you look to for an explanation of why this has occurred for only a limited number of countries and in such a limited degree so far?
Develop a 1,050-word report to the members of the strategic planning committee explaining the following information:
Explain economic principles and their applications in the real world. Begin this assignment by selecting an industry (and/or subsector) from the NAICS list.
Why do you think it is possible for a nation to agree on a rough definition of development and orient its strategies accordingly?
Briefly describe the various definitions of the term development encountered in the text. What are the strengths and weaknesses of each approach?
Is the concept of the developing world a useful one? Why or why not? What do you hope to gain from this course on development economics?
What is the role of financial and fiscal policy in promoting development? What is microfinance, and what are its potential and limitations for reducing poverty?
How have the emergence of the global factory and the globalization of trade and finance influenced international economic relations?
What is the impact of foreign economic aid from rich countries? Should developing countries continue to seek such aid, and if so, under what conditions?
What are the implications of debt problems for economic development? How do financial crises affect development?