Please discuss the reasons behind underdevelopment issues and the poverty issues of less developed countries, and reasons and solution suggestions in the context of the liberal perspectives on economic development
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- Please discuss the reasons behind underdevelopment issues and the poverty issues of less developed countries, and reasons and solution suggestions in the context of the liberal perspectives on economic developmentIn this chapter Wheelan also discusses the role of developed economies in alleviating (reducing) poverty in less developed economies. To this purpose, he draws from works of development economists such as William Easterly, Jeffrey Sachs, and others. Of the statements listed below which would Wheelan and the other quoted authors NOT AGREE to be effective or well-directed economic development strategies to alleviate global poverty? Group of answer choices Most of the difference between the huge success of East Asia and the relatively poor performance of South Asia, sub-Saharan Africa, and Latin America can be explained by the differences in their government policies. Traditional aid projects to the less developed economies have been inflexible and ineffective. Impoverished nations are caught in a poverty trap, and only capital from developed nations will rescue them. The primary stumbling block to development in poor countries has been the bad advice they received from the rich…1) Are there ways that someone can use to account for a country's equitable distribution of income (and/or economic well-being)? if so how is it possible? 2) What is the equivalent organization to OECD (Organization for Economic Co-operation and Development) that primarily focuses on lesser developed and developing countries? 3) What are the substantive issues/discussions in the The World Economic Forum unfolding at Davos Switzerland pertaining to economic and international economic issues. 4) What are the ideas by M. Feldstein and C. Horiokaabout on current account and/or balance of payments issues?
- Assess whether the policies and programs from the Philippine Development Plan 2017-2022 are adequate to address the problems on the inequality and poverty in the country today, and discuss why they are adequate or insufficient.What is the main objective of the Sustainable Development Goals of the United nations? What is the standard response to eradicating poverty? Why must we change our paradigm of growth and consumption to that of "de-development"? Why are the terms de-development, de-growth, and zero growth seemingly unacceptable to the usual framework of human progress?Use examples from Africa to Critically analyse the extent to which vulnerability and social exclusion are linked to poverty in developing countries.
- Discuss how the recent creation of new administrative regions in Ghana will continue to addressing rural urban inequalities and lead to balanced regional development outcomes in the country.Neoliberals would view the cause of poverty as O Problems with the educational system as well as poor choices by the individual Dominant social, political and economic structures and systems that create and maintain inequalityDiscuss and give examples of the three indivisibilities of underdeveloped countries
- What is the average income and poverty rate in urban areas of developing countries, and how do these compare to rural areas within the same countries? Additionally, what factors contribute to income inequality and poverty, and what policies can be implemented to address these issues?What is meant by absolute versus relative poverty? What measures of income poverty are favored by development economists? How do income poverty measures differ from the UNDP’s Multidimensional Poverty Index? Explain why should we be concerned with the measurement of poverty in developing nations!How is there a relationships between inequality and development. How does this relate to suggestions that development strategies should prioritise the satisfaction of basic needs?