Todaro and Smith (2020: 192) state “…different countries face different binding constraints on achieving faster rates of growth and development…”. Analyse this statement in light of the Hausmann-Rodrik-Velasco Growth diagnostic decision tree for South Africa that faces a high cost of finance.

This is not a writing assignment, this is a multiple-choice question Which would 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.   The primary stumbling block to development in poor countries has been the bad advice they received from the rich countries.

Analyze the impact of economic growth in a developing country such as Rwanda according to  the case study "Rwanda:A success story" by USAID (2023)

Which of the graphs (if any) show a surprising or seemingly incorrect relationship based on what you know about conditional convergence and the Solow model?

Country A’s real GDP per capita is $4,000 today, but it is constantly growing at 5%per year. Country B’s current real GDP per capita is $16,000, but it is constantly growing at 2% per year. Willthe standard-of-living in Country A ever catch-up with or overtake Country B? If so, when would it happen?Provide your analysis