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A: CPEC has been a slew of infrastructure projects in Pakistan since 2013. The value/importance of CPEC…
Q: International data show a positive correlation between political stability and economic growth.…
A: Political instability refers to the uncertainty that is associated with government collapse due to…
Q: In year 1, a country has saving rates s = 0.1, productivity A = 2 and depreciation rate d = 0.1. In…
A: By endogenous growth model we typically refer to the AK model, where the production function is…
Q: A multinational organization that aims to promote world economic growth through more financial…
A: No real organisations exist by the names of World Monetary Fund, International Bank and Impossible…
Q: Has Egypt received any funds from the World Bank and/or the International Monetary Fund? If yes,…
A: Funds are amounts of money which are available in order to be spent, especially money which is being…
Q: How do you think globalization has affected the economy over the past decade? In your explanation,…
A: Globalization refers to the movement of goods and services accross the world. This implies when…
Q: The open-economy macroeconomic model includesa. only the market for loanable funds.b. only the…
A: Solution - We will evaluate the option - 1. Only the market for loanable funds - It is the market…
Q: he relevance of the export base theory for explaining partial spatial patterns of development in…
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
Q: Explain the two main difficulties that arise in comparing the GDP of different countries. Which…
A: There are three manners by which this action can be evaluated, income, consumption, and worth…
Q: Which of the following is correct? A. Nominal GDP uses the price level from the benchmark year to…
A: GDP: Gross domestic product or what is commonly termed as GDP is the measurement of the final value…
Q: Does economic liberalization guarantee growth? Research more on its ideas, then provide your own…
A: Economic liberalisation would result in more opening up of the economy in terms of its trade in…
Q: To compare living standards between two countries, we have to do the following: (a) Adjust for…
A: Economic growth refers to the increase in the standard of living. The Standard of living is…
Q: "Explain how and when fiscal and monetary policy should be used in a market-based system to…
A: Fiscal and Monetary Policies are policies which stimulate economic growth in an economy. It consists…
Q: Economists differ in their views of the role of the government in promoting economic growth. At the…
A: Economists have different views on the role of the government in the economy. Some economists argue…
Q: One effect of the globalization project is that it alleviates that dependencies: T or F
A: We will answer the first question since the exact one was not specified. Please submit a new…
Q: We consider a developing economy during two successive relatively short periods (5 years for…
A:
Q: What were the trends in government-provided foreign aid versus private capital flows to the DVCs in…
A: Foreign aid or any aid describes that how the government or a company provides a support to the…
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A: Introduction One of the first growth theories was that proposed by American economic historian Walt…
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A: Economy is the term that is used to explain the economic position and other economic factor of the…
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A: During a global recession, numerous businesses fall flat and leave business, and a significant…
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A: When a business or entity invests in and owns at least ten percent of a foreign company, this is…
Q: Select all that are true given an increase in foreign investment from the domestic economy: A.…
A: This is because investors will now try to invest in domestic markets and companies rising and…
Q: do booms and recessions tend to be transmitted across national borders
A: boom is the situation when economy is prospering, economic activities have expanded to their…
Q: The IMF has a goal of promoting global economic growth and financial stability, encourage…
A: The International Monetary Fund is the full of IMF. Its aims to promoting global economic growth…
Q: What are the disadvantages of using the following identity to measure economic development? C + G +…
A: Given : C+G+I+NX=Y=YD+(TA-TR)=C+S+(TA-TR) The identity says that Consumption + Government…
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A: Economic development is described as the process in which economies having low income are…
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A:
Q: Briefly summarizing both linear stage models and structural transformation models. What can you say…
A: Economic development is the very important goal of any country. In most of the cases, rich country…
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A: Money supply refers to the amount of money in circulation in an economy. There are 5 measures to…
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A: The Asian crisis of 1997 is an exampleof a more severe effect due to capital flight. During the…
Q: In year 1, a country has saving rates, s=0.1, productivity a=2 and depreciation rate d=0.1 . In year…
A: The endogenous growth model has persistent growth is led by saving and investment. Therefore, there…
Q: How does the meaning of globalization vary in its 4 phases of development? The four (4) phases of…
A: The spread of products, technology, information, and jobs across national borders and cultures is…
Q: True of False and explain: Investment is critical to economic development. Developing countries have…
A: The trade balance is net sum of total export and import of goods and services of a nation. If export…
Q: What are the effects of the 1929 economic depression on the world economy and what are the policy…
A: Economic depression also known as the great depression was started in 1929 and lasted till 1939. It…
Q: What is the main differences between classical and HO Model in terms of post-trade production,…
A: In theories of international trade, the view point of various schools of thoughts and economists…
Q: Outward oriented policies have adverse effect on economic growth. Select one: a. Fales. b. True
A: b) True
Q: If the Philippines has to learn from Rostow , Harrod and Domar, development can only happen when a…
A: According to Harrod-Domar model, the economic growth is the result of abstaining from current…
Q: An open economy is described by the following system of macroeconomic equations, in which all…
A: The GDP level of the economy is given as, Y = C + I + G + X –M where, C = 160 + 0.6 Yd T = 100 +…
Q: Explain the Harrod-Domar Growth Model in-depth.
A: Economic growth is a persistent increase in output or per capita output. According to the…
Q: 1. Discuss the strengths and weaknesses of the Harrod-Domar Growth Model.
A: Harrod-Domar model is a Keynesian growth model. It says that an economy cannot grow naturally. The…
Q: What is the inflation of higher savings on economic growth classify as? a. Marco, examining one…
A: In an economy, microeconomics defines economic activities related to one sector, firm, or an…
Q: Please discuss the convergence idea extensively
A: Per capita income is the average income earned by a person of a country in a given time period. It…
Q: he reform of the credit-fueled economic model in the West essential for a more equitable global…
A: Reform of the credit fuelled economy nmodel in west has been leading to a more equitable global…
Q: Do
A: Economic development is the primary objective of the government because it creates wealth in the…
Q: Givoen the rule of 72, how long would it take for China's economy to doube in size at a constant…
A: Rule 72 helps to calculate number of years that a certain amount of investment or money will take to…
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- Economic growth typically results in rising standards of living and prosperity. However, it also invites negative externalities such as environmental degradation due to over-exploiting of natural resources. As such, the world is confronted with the dilemma of growth versus environmental sustainability. Developing a model explaining the disparity of economic development concentrating on drivers such as tourism sustainability, technological innovation and the quality of leadership would be important not only to facilitate future economic growth in developing countries, but also to the environmental and sociocultural sustainability which ultimately lead to global sustainable development. The present research objective is to develop and test framework of sustainable development by considering the elements of tourism, technological innovation, and national leadership. This further would facilitate growth, environmental and socio-cultural sustainability. Understanding the integration of…Is the reform of the credit-fueled economic model in the West essential for a more equitable global economy?Why and how did Hirschman argue that by putting things the wrong way around, by actually creating disequilibrium, economic development could be promoted?
- Discuss what is monetary and fiscal policies. How these policies can be able to aid economic developmentIn short third world countries are in the trap of those type of problems which creates imbalance in the economy and slow down their process of development.what are the institutes Describe the role of political economics institutions in development
- How does the meaning of globalization vary in its 4 phases of development? The four (4) phases of globalization namely: Phase 1: Humanizing the globe, Phase 2: Localizing the global economy, Phase 3: Globalizing local economies, and Phase 4: Globalizing factories.Why do many people feel that local self-sufficiency is important? What consequences of globalization may threaten sustainability? How can open democratic societies help to promote sustainability?how does political stability affecting the development and growth?
- What is development policy and policy mix in microeconomics,please give two examples.Select two Developed/Advanced countries for review: a) Discuss two benefits each of Globalization in these economies b) Discuss two drawbacks each of Globalization in these economies.List the countries in the world with the lowest policy rates over the last 10yrs (2008-2018) and comment on the underlying factors and implications on their economic growth