Question 1

"Foreign Aid impacts positively on Economic Growth of Developing Countries" [Burnside and Dollar (2000)]

a) Using new insights from the literature, critically examine this statement.

b) Identify and elaborate on the issues that are affecting aid effectiveness at the regional level

Question 2

In this era of rapid globalisation, should a country open its trade to all countries at one go or limit itself to participation in RTA's? Elaborate your arguments in the light of recent evidences.

Question 3

According to Subramanian and Roy (2001), who from Meade, Romer, Sachs and Rodrik can best explain the "miraculous" development of the Mauritian Economy? Discuss.