Macroeconomic problems, Macroeconomics

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Question 1:

The common characteristics of LDCs include low GDP per capita, capital scarcity, high unemployment, chronic budget deficit, high levels of external debt, high concentration on primary exports, low levels of living, etc.

Using a development oriented approach, explain policy reforms that you would propose to address the macroeconomic problems and micro level empowerment.

Question 2:

(i) Briefly describe the role of government.
(ii) Discuss whether government interventions can still be justified in the 21st Century.

Question 3:

If not engendered development can be endangered" Using examples, explain the above statement


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