A. EXPLAIN BRIEFLY THE FOUR APPROACHES TO ECONOMIC DEVELOPMENT. B. WHICH OF THE DIFFERENT THEORIES OR APPROACHES THAT BEST DESCRIBE THE ECONOMIC SITUATION OF THE DEVELOPING NATIONS? EXPLAIN YOUR ANSWER. C. DISTINGUISH BETWEEN THE NEO-CLASSICAL, FREE-MARKET THEORY WITH DEPENDENCY THEORY? D. WHAT IS THE ROLE OF PUBLIC INVESTMENT AS A DEVELOPMENT STRATEGY? E. DISCUSS HOW THE “STAGES OF GROWTH FRAMEWORK EXPLAINS ECONOMIC STRUCTURAL CHANGE.

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter17: Development Economics
Section: Chapter Questions
Problem 16E
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A. EXPLAIN BRIEFLY THE FOUR APPROACHES TO ECONOMIC DEVELOPMENT.
B. WHICH OF THE DIFFERENT THEORIES OR APPROACHES THAT BEST DESCRIBE
THE ECONOMIC SITUATION OF THE DEVELOPING NATIONS? EXPLAIN YOUR
ANSWER.
C. DISTINGUISH BETWEEN THE NEO-CLASSICAL, FREE-MARKET THEORY WITH
DEPENDENCY THEORY?
D. WHAT IS THE ROLE OF PUBLIC INVESTMENT AS A DEVELOPMENT STRATEGY?
E. DISCUSS HOW THE “STAGES OF GROWTH FRAMEWORK EXPLAINS ECONOMIC
STRUCTURAL CHANGE.

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