Question
1)Define the concept of early deindustrialization and discuss how it will affect the long-term growth and development paths of the developing countries. 2)Does economic growth
1)Define the concept of early deindustrialization and discuss how it will affect the long-term growth and development paths of the developing countries.
2)Does economic growth always bring economic development? Name some of the countries which grow without development? What are the common characteristic(s) of these countries?
3)What is the definition of "middle income trap"? Which countries could manage to escape the trap and how? Explain briefly.
4)Explain the reasons why COVID19 pandemic is likely to have a more negative effect on developing economies.
5)Define "chronic demand gap" and write some of the policies that may work to alleviate the problem.
6)Using the "elephant curve" by Milanovic about growing income inequality in the globalization period, explain the tendency towards the rise of protectionism that we recently see in advanced economies.
7)What are the main ideas behind Easterly's arguments about the ineffectiveness of foreign aid to developing countries?
8)What is the main idea behind Harrod-Domar growth model? What does it say about the relative low growth performance of countries China despite its high savings rate?
9)Why is the GDP per capita predicted by the Solow model for several developing countries higher than the actual GDP per capita that we observe from the data?
10)How do endogenous growth models explain the non-convergence in growth rates between developed countries and developing countries?
11)Discuss why improving access to finance for small and medium enterprises may also help to reduce the informal economic activities.
12)Why is foreign direct investment necessary for developing economies? What are the best practices to promote foreign direct investment?
1)Define the sources of growth behind the rapid growth period of the Asian tigers. How can you define their growth strategy?
2)After briefly summarizing Rodrik-McMillan decomposition on productivity growth, discuss its implications for the different productivity growth performances between Asian countries and Latin American countries.
3)Does openness to trade help poor countries to converge to their richer counterparts, which have higher initial GDP per capita?
4)Discuss why too much emphasis on GDP as the only growth measure may be misleading. What are the shortcomings of GDP as a measure of economic performance? What may be the alternative metrics to monitor for a better economic performance?
5)What does aging and different fertility rates between the developed and developing countries imply for
a.Social security systems and safety nets
b.Immigration and refugee issues
1)Define the concept of early deindustrialization and discuss how it will affect the long-term growth and development paths of the developing countries.
2)Does economic growth always bring economic development? Name some of the countries which grow without development? What are the common characteristic(s) of these countries?
3)What is the definition of "middle income trap"? Which countries could manage to escape the trap and how? Explain briefly.
4)Explain the reasons why COVID19 pandemic is likely to have a more negative effect on developing economies.
5)Define "chronic demand gap" and write some of the policies that may work to alleviate the problem.
6)Using the "elephant curve" by Milanovic about growing income inequality in the globalization period, explain the tendency towards the rise of protectionism that we recently see in advanced economies.
7)What are the main ideas behind Easterly's arguments about the ineffectiveness of foreign aid to developing countries?
8)What is the main idea behind Harrod-Domar growth model? What does it say about the relative low growth performance of countries China despite its high savings rate?
9)Why is the GDP per capita predicted by the Solow model for several developing countries higher than the actual GDP per capita that we observe from the data?
10)How do endogenous growth models explain the non-convergence in growth rates between developed countries and developing countries?
11)Discuss why improving access to finance for small and medium enterprises may also help to reduce the informal economic activities.
12)Why is foreign direct investment necessary for developing economies? What are the best practices to promote foreign direct investment?
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