17. Which of the following two factors helped growth in FDI in developing countries a. macroeconomic instability b. communication and transportation c. inflation and unemployment..
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17. Which of the following two factors helped growth in FDI in developing countries
a.
b. communication and transportation
c. inflation and
Step by step
Solved in 4 steps
- b) i. Explain two reasons why some analysts argue that FDI will promote development &ii. two reasons why others question the benefits of FDI to low-income countries.2. Most development economists now seem to agree that the level and rate of growth of GNI and per capita income do not provide suffiecient or even accurate measures of a country's development. What is the essence of their argument? Give some examples.What is the inflation of higher savings on economic growth classify as? a. Marco, examining one sector in economy b. Marco, examining one firm in economy c. Macro, examining entire economy
- A6 miracle-growth economies often have very high investment. True or false ?explain 1.Orthodox or conventional economists say that to address unequal growth between the rich and thepoor, the world economy needs to grow more. Do you agree with this idea? Why or why not? 2.What does the term “de-develop” mean? Is it a positive or a negative idea? 3. According to investopdia.com, a steady-state economy is an economy structured to balance growt hwith environmental integrity, seeking to find an equilibrium between production growth andpopulation growth. This type of economy aims for the efficient use of natural resources but alsoseeks a fair distribution of the wealth generated from the development of those resources. Is thistype of economy more plausible than continued, unlimited economic growth? Why or why not?MFIs equally are a big contributor to the achievement of the Millenium Development Goals (MDGs). With this understanding what are the role of MFIs
- 6. Why is economics central to an understanding of the problems of development?.income growth in the steady state, is the only variable that affects the growth of the economy in the Since population growth is steady state. a. greater than; income growth equal to population growth maler than income growth equal to income growth10. What policies can the government of a free-market economy implement to stimulate economic growth? 11. Why does stagflation create such a dilemma for policy makers?
- 1. How does the concept of “capabilities to function” help us gain insight into development goals and achievements? Is money enough? Why or why not?Problem 4 a) Prof Andrew described steady states as "horrible places to be." Was this claim absolute or relative? Do countries having steady states that are lower in the capital have worse living qualities? b) Imagine a world where there are "n" countries with different levels of capital, k. They all share the same saving level, birth rate, and the same GDP per capita function. The only thing that differs is their depreciation rate. In this world, how does the distribution of income in the short term and long term look like? Think about the shape it would take.5.Given the diversity of developing countries, do you think that there could ever be a single, unified theory of development? Explain your answer.
