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Is the Washington Consensus actually a consensus?
The Washington agreement thinking dominates development thinking in the developed world but is challenged through less developed countries as like Zimbabwe and anti globalisation protesters are argue as:
• An economic system is an implication to an end; not an end into itself. The short run costs of economic improvement are not worth and the minimal extensive run impact onto poverty. Markets merely make the rich richer and do not carry sustainable development.
• Free trade is unfair trade and simply advantages rich nations like domestic industries are simply more immature to compete efficiently.
What are the restrictions of Lewis? The restrictions of Lewis: • Assumes complete employment in urban regions. Evidence recommend otherwise • Raised profits may be inves
Q1 An important first step to the statistical analysis of data is to "get to know your data". The following tasks should contribute to this. (a) To the right of the dataset c
What are development policies? Development policies are strategies adopted through governments, international agencies as like the IMF and non-government organisation (NGOs) a
impact of economic policies on decision of any organisation
Question 1 Explain the law of diminishing returns. What are its causes and effects? Question 2 Compare perfect and imperfect markets Question 3 A monopolist with a linea
Why are markets considered as unsuitable for promoting development? The process of establishing a market system frequently includes radical reform which produces both winners
helloo?
Development Strategies are explained as follows: Keeping the reasons for the persistent poverty in the LICs aside, there are three broad progress strategies which have been ado
QUESTION 1 i) Use a simple human capital model to explain the rationale for undertaking higher education ii) Why do some people vary significantly in the amounts of human ca
What is dual economy and development in an economy? Development in an economy: Differentiated or uneven development arises while the benefits of growth are not shared ev
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