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Is development conceivable without economic growth why are


1. Discuss the relationships between ‘economic growth' and ‘development'.

2. Is development conceivable without economic growth?

3. Why are Saudi Arabia and Libya still considered to be developing countries?

4. What are the main drawbacks of the use of GNP per capita as an indicator of economic development?

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International Economics: Is development conceivable without economic growth why are
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Anonymous user

5/9/2016 1:34:28 AM

In order to answer the following questions, write a paper in which you have to apply the theories and facts of International economics for responding the following questions. Question 1: Illustrate the relationships between economic growth and development. Question 2: Is development possible devoid of economic growth? Question 3: Explain why Saudi Arabia and Libya still considered being developing countries? Question 4: Determine the main drawbacks of the utilization of GNP per capita as an indicator of the economic growth?