MicroEconomic 30254

subject Type Homework Help
subject Pages 6
subject Words 767
subject Authors Michael P Todaro, Stephen C. Smith

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page-pf1
Comment on the following statement: The level and growth rate of real GDP per capita
can be a misleading indicator of development. At the same time, countries that
experience sustained increases in real GDP per capita over time will tend to be more
developed.
Answer:
What economic benefits might a developing country gain by reducing corruption?
Discuss only economic benefits and provide examples from specific developing
countries.
Answer:
Consider the following hypothetical data for a developing country:
page-pf2
Does this country have a debt crisis? What additional pieces of quantitative or
qualitative evidence (if any) would help you to decide?
Answer:
Is sharecropping economically efficient or inefficient? Explain
Answer:
Explain the motives of developed countries in providing foreign aid.
page-pf3
Answer:
What kinds of domestic policies, short of significant debt reduction, can be followed to
alleviate a debt crisis? How effective have these policies been?
Answer:
In what way(s) do the development paths chosen by Pakistan and Bangladesh differ?
What are the main factors that have contributed to these differing paths?
Answer:
Critically evaluate the following statement: "If no other assistance is available, tied aid
should be accepted anyway, on the grounds that developing countries should accept any
help they can get."
page-pf4
Answer:
Name <<some number>> of the ten points of the Washington Consensus. What is
missing from this list? Did the Santiago Consensus address what was missing?
Answer:
Why have poor nations invested so much money in education and health? Evaluate the
soundness of these reasons.
Answer:
Provide a definition of development economics. Justify your choice carefully.
page-pf5
Answer:
Discuss the options for financing a balance of payments deficit.
Answer:
Discuss how remittances can help reduce poverty and meet other development
objectives in recipient nations?
Answer:
Describe the costs and benefits of privatization of state-owned enterprises. In which
cases would privatization seem most advisable?
Answer:
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During the past decade, India has invested about 22% of its GDP while China's
investment rate has been double that of India's. India's annual growth rate has been
about 6% while that of China has been about 9%. What conclusions can you draw?
Answer:
Discuss some of the reasons why economists are concerned about the current recovery
from the global financial crisis.
Answer:

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