Ask International Economics Expert

Poverty appears to be among the most stubborn problems facing the countries generally considered to be Third World. Growth and development have evaded many countries in Africa and Asia in particular. Even the remarkable growth that has been experienced by China and India do not appear to be easily replicated in other geographical regions of the Third World. The authors whose books we read have provided a mixed bag of solutions, and have argued persuasively for their particular perspectives on poverty reduction in the Third World. Yet, no single author or group of authors, seems to have identified a set of workable solutions, which would eliminate the abysmal poverty of the poorest - the bottom billion - of the Third World's population. With the foregoing in mind:

(a) Critically assess the texts studied in this course, and explain which text(s) provided the most feasible and practical approaches to poverty reduction among Third World countries.

(b) Discuss why China and India have been able to enjoy such remarkable growth. Why has the example of China been so difficult to replicate in other regions of the Third World?

(c) A common theme in the course texts is the role of institutions in laying the foundation for growth and development in the Third World. Justify this emphasis on institutionalization by citing and discussing some concrete examples of countries in the Third World, whose socio-economic and political development depended heavily upon institutional development.

International Economics, Economics

  • Category:- International Economics
  • Reference No.:- M91752733
  • Price:- $35

Priced at Now at $35, Verified Solution

Have any Question?


Related Questions in International Economics

Part of the return on the investment comes from the asset

Part of the return on the investment comes from the asset itself and part from the currency of the foreign currency. agree or disagree?

Legal aspects of international trade and enterprisetopic

Legal Aspects of International Trade and Enterprise TOPIC for ASSIGNMENT: Bumper Development Corp. Ltd. V. Commissioner of Police of the Metropolis and Others (For case review, refer Textbook: pp. 150-153) ASSIGNMENT GUI ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As