What is the basis of the concept of human development
Course:- Business Economics
Reference No.:- EM13891946

Assignment Help
Assignment Help >> Business Economics

1. What are the key limitations of per capita national income as a concept of well-being? Explain the nature of limitation in each case. Which of these limitations can be adjusted for? Are they in fact adjusted?

2. What is the basis of the concept of human development? Describe fully the formula by which the “human development index” (HDI) is calculated.

3. Briefly describe the Autility@ and Acapability@ concepts and the corresponding measures (per capita national income and the Human Development Index respectively) of economic well-being. Assess the strengths and weaknesses of each.

4. Discuss some of the key sources of diversity among countries usually classified as "less developed countries".

What characteristics are widely shared among them that might justify their being so classified?

5. Developing countries vary along many dimensions yet we routinely group them together. Spell out and justify both halves of this proposition.

6. What are the Millennium Development Goals? Enumerate at least 5 of them and briefly describe the nature of the objective or target that has been set under each.

7. What are the main issues differentiating the advocacy of growth versus the advocacy of human development?

8. For both Weber and Marx, the industrial revolution in Western Europe was the child of capitalism. How, then, do their views of the development of modern economic growth differ?

9. Sum up the main accounts of Europe’s industrial revolution, each in a sentence or two. If it is true that the industrial revolution was the child of capitalism, what, in your own view, accounts for the rise of capitalism itself?

10. How would you characterize Western Europe's pre-capitalist economy? What features of that economy explain economic stagnation as compared to the modern economic growth that Europe later experienced?

11. Evaluate the relevance of the colonial impact on third world countries for their contemporary development problems and prospects.

12. Third world countries, as late industrializers, face both additional hurdles and advantages compared to early industrializers. Substantiate this view.

Put your comment

Ask Question & Get Answers from Experts
Browse some more (Business Economics) Materials
Consider the following demand and supply equations for cell-phones in the domestic country: Supply: Qs = − 60 2 + 3 2 P Demand: Qd = 300 2 − 3 2 P where the price is measure i
The profitability of the leading cola syrup manufacturers PepsiCo and Coca-Cola and of the bottlers in the cola business is very different. PepsiCo and Coca-Cola enjoy a 81 pe
Present an argument supporting the position that the ADA has been appropriately interpreted and applied by the courts (in terms of the types of disabilities covered), or that
Based on the best available econometric estimates, the market elasticity of demand for your firm’s product is -1.5. The marginal cost of producing the product is constant at $
Discuss and illustrate graphically how a decrease in saving rate will affect the steady state level of capital and output. Also illustrate graphically the transition of capita
Your partner and you have met with your property insurance agent for an annual insurance policy review. Your partner asks why you have to pay so much for liability insurance.
how many pineapples will she consume? If her income increases to $120, how many grapefruits will she consume? Are grapefruits a normal or inferior good?
Consider an industry with significant barriers to entry and consisting of two firms producing a homogenous product. Under which situation are these firms more likely to compet