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What are the restrictions of unbalanced growth?
The restrictions of unbalanced growth:
• Frequently governments go for high status, capital-intensive and high tech projects as like steel works.
• Government planning results within government failure. For a complete discussion notice: why state approaches are sometimes considered as unsuitable for promoting development.
Taiwan, Malaysia, Singapore, and South Korea are which achieved high rates of growth into the late 20th century from government co-ordinate development policies counting protectionism, government subsidy, high levels of literacy and devaluation. In 1997 year, the East Asia financial crisis was an external shock from that all these economies are recovering yet.
What is the social capital? Social Capital: Social capital is related with Putnam: Social capital considers to as features of social life as networks, norms and trust whi
The Garcia Company's bonds have a face value of $1,000, will mature in ten years, and carry a coupon rate of 16 percent. Suppose interest payments are made semi-yearly. a. Verif
What are the implications of the sustainability in economic growth? Implications of the sustainability in economic growth: Moving in the direction of sustainable development
interaction between the two market force, demand and supply
Problem 1: (a) Distinguish between the two broad aspects of globalization. (b) Critically analyse the drivers of globalisation. (c) Discuss, with examples, on the advanta
how economics useful for businesses
Consider a market for a good where there is a per unit tax set at t cents per unit sold, where the demand curve slopes downward and where supply is perfectly inelastic. Suppose the
What are Harrod-Domar predictions? The economy is rate of growth, its predictions depends onto: • Capital formation and accumulation and capital output is the critical to de
The end of fixed exchange rates
Problem 1: "African Caribbean and Pacific (ACP) countries no longer have preferential access to the European market for their exports, except under provisions of „Special and D
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