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What are the limits of development theories?
Theories are generalisations:
• When LDCs share similarities, each country is unique economic, cultural, social and historical experience implies the implications of a specified theory vary widely through country to country.
• There is no one individually agreed model of development. Each theory, as Rostow, provides an insight in one or two dimensions of the complicated process of development. For example, Rostow assists us to think regarding the stages of development LDCs might take and Harrod Domar model describes the significance of adequate savings in such process.
Illustrate the highlight report in project management methods. Highlight report: The Highlight Report is the ordinary report by the project manager to the Project Board.
Explain the implications international capital flows problem. Implications: • FDI can assist physical capital accumulation and result within growth - usually beneficial b
How do I calculate NPV with benefits and costs?
Staff time is generally the principal cost component of an IS project. Define five other areas where project costs could increase. Project costs also occur by: • Contract la
You can buy as many drinks as you want at $1 each. You can also buy as many chocolate bars as you want at $2 each. You have $5 to spend. You must buy whole bars and drinks, that is
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What are the characteristics of developed countries applied to Less Developed Countries? Some of Kuznets' characteristics of a DC (developed countries) can be applied to LDCs (
What are Harrod-Domar assumptions? The H-D (Harrod-Domar) model assumes as: • Fixed capital output ratio. Nonetheless, diminishing marginal returns to capital element exist
Numerical Exercise 11. Suppose that the Fed’s inflation target is 2 percent, potential output growth is 3.5 percent, and velocity is a function of how much the interest rate differ
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