problem 1:

a) describe the factors which contributed to the adoption of structural adjustment program by a majority of Least Developed Countries in the year 1980s?

b) describe the common set of problems which developing countries generally face.

c) Critically assess whether education is a source of economic growth and development.

problem 2:

a) Describe the different forms that foreign aid might take.

b) Does foreign aid lead to economic growth? Describe.

problem 3:

a) Differentiate between economic growth and economic development.

b) Describe why development should be conceived as a multidimensional process involving main changes in every aspect of a society.

problem 4:

a) Describe the meaning of poverty. In brief describe how poverty is measured?

b) Clearly describe the relationship between Poverty, Inequality and Economic Growth.

problem 5: By using illustrations of Least Developed Countries, describe the causes and effects of market failures.