Problem
Requires detailed Essay:
Topic:
Argue why developing countries, which follow export-led economic growth strategy will outperform developing countries, whose policies are based on import-substitution growth strategy.
Guideline:
A. Identify 10 developing countries representing the first category
B. Identify another 10 developing countries representing the second category
C. Compare the two groups' performance using real economic gross domestic product growth rate
D. Compare the two groups' performance using human development index (HDI)
E. Consider 20 years of time-frame for your analysis
F. Use graphs and tables to indicate your collected data (include sources of your data by listing references under the tables and graphs)
G. Compose two-three pages of essay (includes tables, graphs and discussion on the outcome of your assessment).