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Question 1:
(a) To what extent does the structural change model of Lewis adequately portrays the development phases in most developing countries?
(b) Discuss the principal arguments of the neoclassical counter revolution approach to development.
Question 2:
(a) Critically assess whether education is a source of economic growth and development.
(b) Describe the link between environment and sustainable development.
Question 3:
(a) Discuss the Malthusian population trap.
(b) Briefly explain how poverty and inequality is measured.
(c) Explain the relationship between poverty, inequality and economic growth.
Question 4:
(a) Critically analyse how developing countries stand to gain from foreign direct investment.
(b) Foreign aid: Boon or curse for developing countries? Discuss.
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Q. How did the international monetary system influence macroeconomic policy-making and performance during the interwar period (1918 - 1939)? Answer: Governments efficiently sus
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