It has been argued that development economics has no general theory; it is instead the application of

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It has been argued that development economics has no general theory; it is instead the application of common sense to real-world problems.
a. Do you agree or disagree with that statement? Why?
b. Why do you think this argument about the lack of generality of theories is made for developing countries more than it is made for developed countries?
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Macroeconomics

ISBN: 978-0077307110

8th edition

Authors: David Colander

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