What is endogenous growth theory, Microeconomics

Assignment Help:

Problem 1:

Any development strategy should put people first; indeed, its very effectiveness should be measured in terms of how it impacts the poor.

(a) Describe the link between development and poverty with reference to the UNDP's efforts to quantity these phenomena.

(b) What measures will a government take to ensure that the benefits of economic growth trickle down to the poor?

Problem 2:

(a) What is endogenous growth theory and what are its policy implications?

(b) Do you think that endogenous growth theory can give a good explanation of the Mauritian "economic miracle"? Discuss fully with reference to the relevant empirical literature.


Related Discussions:- What is endogenous growth theory

Microeconomic analysis, what is the theory of Second best? Prove the theore...

what is the theory of Second best? Prove the theorem with the help of a diagram.

Money in an economic system, Money facilitates market activities and is ess...

Money facilitates market activities and is essential in complex market systems.  With money people can avoid the problems  associated with coincidence of wants.  Between, these pro

Neer vs reer, NEER Vs REER: In a situation where there are multiple tr...

NEER Vs REER: In a situation where there are multiple trade partners, the effect of cross-currency movements are judged by nominal effective exchange rate (NEER) and real effe

Economic Principles , During the 1990s, technological advance reduced the c...

During the 1990s, technological advance reduced the cost of computer chips. Explain, with the use supply and demand diagrams, how the following markets are affected in terms of pr

Interest rate dertemination, to what extent are interest rates determined b...

to what extent are interest rates determined by the economic theory

Meter replacement cost, The town utilizes standard disc type PD water meter...

The town utilizes standard disc type PD water meters for all residential connections. These meters were warranted by the manufacturer to be accurate within two percent of actual f

Inflation-unemployment trade-off under adaptive expectations, Inflation-Une...

Inflation-Unemployment Trade-off under Adaptive Expectations : By the late 1960s, the inverse relation between inflation and unemployment as suggested by the Phillips curve was

Vulnerability in international relations, Vulnerability in international re...

Vulnerability in international relations: Dominance, dependence and vulnerability in international relations.A greater volume of Ghana’s exports comes from primary commodities

Write Your Message!

Captcha
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