Economic Development

 

1. In defining development to include more than just the growth of per capita income, there is an implicit assumption that the growth of per capita income alone is not sufficient to guarantee the reduction of poverty and the growth of self-esteem. Is it possible that there could be growth of per capita income without the achievement of these other objectives?

2. Make a case that development economics might be merely a combination of all the other subfields of economics, only applied to low-income countries.

3. Explain how low levels of living can turn into a vicious cycle in developing countries.

4. Explain why purchasing power parity measures of income levels tend to show a smaller difference between poor and rich countries.

5. If countries are first ranked by level of real GDP per capita, and then by the value of the Human Development Index, would you expect the ranking of countries to be similar or different? Explain.

6. What are the main differences between the linear stages and international dependency modelsof development?

7. Describe one important criticism of Rostow’s stages of economic growth theory.

8. Why have poor nations invested so much money in education and health? Evaluate the soundness of these reasons.

9. Explain some of the reasons why developing countries have not realized a greater positive development impact from their higher education programs.

10. Is child labor a problem in developing countries? Explain.

11. How can an increase in human capital lead to an increase in GDP? Why might it not lead to an increase in GDP?

 

Sample Solution

Additional support of this result can be found in the wider reading journal articles published by Burston (2017), Anderson et al (2017) and Graham (2015).
In accordance with the literature review articles, each acknowledged the main concern of time management but considered it was not the primary concern.

Furthermore, by not using a leading title question, the research data was considered non-subjective, which in regard made strength in providing qualitative data accessible.
Then again, the word ‘concern’ wasn’t suggestible in each question, therefore not focused upon to influence answers. This made the advantage of forming a conclusion more viable.
However, by carrying out the interviews, advantages of using open questions resulted in rich and detailed data being collected.

What is more, differences arose within the result similarly. Participant 1 has no in-depth knowledge of the course only brief information known. Whereas participant 2 has previous experience from starting the course prior, therefore knowledge is apparent.

Weaknesses in the research was evident by the barrier that was found in relation to gathering results from each researcher, evident by only 2 interviews being conducted, transcribed and provided for thematic analysis within the time period.
What’s more, made the results limited and refutes the validity of them as more data could have been analysed and used to narrow down the themes.

Results were also different in the area of the age difference of the participants. More life experience was evident from one participant than the other.

The interviews were conducted before the adult learners had started to study. T

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