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What are Rostowís limitations?
• Presently LDCs face much various conditions than DCs into the 19th century the origin of Rostowís studies
• LDCs are very same but very different which generalised solution inappropriate is
• Rostow does not describe the link in between Investment and Savings. The Harrod-Domar model best describes that.
• Savings fund investment but investment alone is an essential but inadequate condition for growth. Growth requirements right social, Cultural, institutional and political conditions to be into place too.
Is low savings a problem? Countries along with low savings are caught into the vicious circle of poverty: there low savings, implies low investment low productivity therefore
In a model where a continuum of individuals have preferences for consumption and leisure as follows w i = c i + ln(x i ) and individuals differ in their labour endowments e
The project management method envisages a hierarchy of plans. Define this hierarchy. At the top level, there would be a Project Plan which covers the major aspects of the proje
There are three firms in an economy: A, B, and C. Firm A buys $450 worth of goods from firm B and $260 worth of goods from firm C, and produces 260 units of output, which it sells
get assingnment
How can the size of shadow economy estimated? The size of the shadow economy is estimated when activity is undeclared as the amount of informal activity can be calculated: a
Ask What is the meaning of evaluating projects incrementallyquestion #Minimum 100 words accepted#
What are development policies? Development policies are strategies adopted through governments, international agencies as like the IMF and non-government organisation (NGOs) a
When it works, government "industrial policy" that funnels critical capital to just the right ventures and facilitates market coordination-in contrast to usually messy market compe
micro and macro economicsapplied to business environment
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