Question
Please answer the following questions. Thank you for your help 1. Given the diversity of developing countries, do you think that there could ever be
Please answer the following questions. Thank you for your help
1. Given the diversity of developing countries, do you think that there could ever be a single, unified theory of development? Explain your answer.*
2. Why is the government sometimes a part of the problem of coordination failure rather than the solution? Does this make the problem hopeless? What could be done in this case?*
3. What is meant by absolute poverty? What measures of income poverty are favored by development economists? How do income poverty measures differ from the UNDP's Multidimensional Poverty Index? Why should we be concerned with the measurement of poverty in developing nations?*
4. "The major determinant of a country's income distribution is its distribution of productive and income-earning assets." Explain the meaning of this statement, giving examples of different kinds of productive and income-earning assets.*
5. "The world population problem is not just a matter of expanding numbers but also one of rising affluence and limited resources. It is as much a problem caused by developed nations as it is one deriving from developing countries." Comment on this statement.*
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