Difference between relative-moderate and extreme poverty

Assignment Help Microeconomics
Reference no: EM134003511

Assignment:

Reading that MUST be used:

The White Man's Burden by William Easterly ?(chapter 2: The Legend of the Big Push) pg.: 73-41

Lifeboat Ethics: the Case Against Helping the Poor (colorado.edu)

A Global Family Portrait | PDF | Poverty Threshold | Extreme Poverty (scribd.com)

Short Answer Questions:

1. What is the difference between relative, moderate and extreme poverty, and why is it important?

2. Where do most of the world's extremely poor people live, and how do they make their living?

3. List three common myths that people have about global poverty, and then correct those myths.

4. What do communitarians and cosmopolitans say about the responsibility of the Global North toward the Global South?

5. Explain Garrett Hardin's argument about giving aid to the Global South, and provide one critique of his argument.

6. Explain Peter Singer's argument about helping the Global South, and provide a critique.

7. Describe as many micro-level poverty traps as you can.

8. Describe four macro-level poverty traps.

9. Why do Easterly and others argue that poverty traps are not so important?

10. Why are civil wars more prevalent in LICs, and what are the main causes of these wars?

11. How can valuable natural resources existing in a LIC be a "curse"?

12. Briefly describe different perspectives about the relationship between democracy, authoritarianism, and development.

13. Why has the Global South experienced backsliding in democracy in recent years?

14. Describe the different kinds of aid that can be counted as Official Development Aid.

15. Describe different motivations and purposes that countries have for giving foreign aid. 

Essay Questions: The clearer detail that you provide, and the more you reference specific readings and discussions, the better.

1. Sachs and other economists use the analogy of a "ladder" of development to illustrate modernization theory. What does this mean? Give examples of specific countries currently at each step of the ladder. Then describe an alternative approach to development.

2. Describe how "development" can be defined in different ways. What are the weaknesses of the GDP as a measure of development, and how do other measures differ from the GDP? Provide specific examples.

3. Describe four different explanations for what has historically caused global economic inequality. Provide a critique of each explanation.

4. Explain three different theories on how development can best be achieved. Then explain why each of the three perspectives would support or oppose the following policies: a) A government putting regulations on multinational corporations; b) The U.S. raising tariffs on China.

5. Describe the eight areas of development policy analyzed by the Commitment to Development Index. For each category, provide a specific example of what the Global North can do better (or stop doing harm) to facilitate development in the South.

6. There are several competing explanations about why the Asian Tigers and NICs became successful in the global economy. List four of these, and then provide evidence from specific countries that supports and/or contradicts these explanations.

7. Explain why and how countries of the Global South "liberalized" their economies in recent decades. Then explain both sides of the debate about whether liberalization was successful in promoting development.

Reference no: EM134003511

Questions Cloud

Who are the stakeholders involved in this proposed policy : Who are the stakeholders involved in this proposed policy? If you were to conduct this study again, what might you change/ add/ focus upon?
What are the joint effects of the virus shock : Moreover, what are the joint effects of the virus shock and monetary policies on those key variables? In an AD/AS model, what is the joint effect on inflation?
Which us fisheries exhibit lost opportunities : Describe two specific ways in which U.S. fisheries exhibit "lost opportunities."
Describe you think regulation in crypto space is advancing : In your opinion, describe whether you think regulation in the crypto space is advancing or holding back the crypto eco-system?
Difference between relative-moderate and extreme poverty : What is the difference between relative, moderate and extreme poverty, and why is it important?
Which country does asda come from : Which country does asda come from?
Is there a disparity between real value and marginal utility : Is technology productive for instance as we look at the dark side of the internet; pornography, illegal gambling, drugs, terrorism, etc?
How would you define supply and demand : In your own words, how would you define supply and demand? What are the principles of supply and demand? Explain.
How will cost of living and rising prices impact this family : The father of this family has a 75 mile round trip to work every day and they have found rising fuel prices recently have taken up a lot of their spare cash.

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd