Economic Development Questions
1. Use the Lewis model to illustrate and explain
how “easy development” takes place and why “easy development” may no longer be
feasible. Explain why following the Lewis model may fail to lead to successful
long term development.
2. Briefly explain how a micro-finance
institution differs from a traditional commercial bank model. Why are
micro-finance institutions especially important for women?
3. What sorts of polices might raise incomes and productivity within the urban informal sector? Why do Todaro and Smith warn that such strategies may be counterproductive?
3. What sorts of polices might raise incomes and productivity within the urban informal sector? Why do Todaro and Smith warn that such strategies may be counterproductive?
4. Explain how international trade and trade
policy helped South Korea transform itself from an underdeveloped country to a
high income country in the space of a single generation.
5. Discuss how Sen’s capabilities
approach to understanding the meaning of development differs from simply focusing
on average income levels.
6. Explain the meaning and significance of the
demographic transition
7. Compare the population policies pursued in
China and India.
8. What are the key characteristics of the urban informal sector? Should government actively promote the urban informal sector?
9. What is meant by human capital? Explain how economic analysis can be used to evaluate decisions to invest in education or training.
10. Discuss the problem of the AIDS epidemic in developing countries. What measures do you suggest to deal with this problem?
8. What are the key characteristics of the urban informal sector? Should government actively promote the urban informal sector?
9. What is meant by human capital? Explain how economic analysis can be used to evaluate decisions to invest in education or training.
10. Discuss the problem of the AIDS epidemic in developing countries. What measures do you suggest to deal with this problem?
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