• a. Discuss the evolution of the world distribution of income over the last four decades. Is the distribution becoming unimodal? If so, how? If not, how? • b. Do you think that, without technological progress, the average level of human capital of an economy can increase without bounds? Why or why not?
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- a. In addition to investment in physical and human capital, what other public policies might a country adopt to increase productivity? b. Compare and contrast the population theories of Malthus and Kremer.With regards to economic growth, can Foreign Direct Investment (FDI) affect poverty? and how?Hi can explain to me how to find the: 1. steady-state value of capital-labor ratio? 2. steady-state value of output per worker? 3. steady-state value of consumption per worker?
- Tis question is not addressed in the chapter—and in fact is still debated amongeconomists—but it is interesting to think about: Why do you suppose growthin living standards was virtually nonexistent for thousands of years? Why didthis situation change in recent centuries?Answer of both parts will appreciate and i will rate positive B) how can international aid assist countries with economic development? Can international aid also cause problems? C) what can be done to Assist development countries?1. Is the heightened flow of people a unique feature of the current global era? 2. Has globalization facilitated or obstructed greater labor migration? 3. What do you think is effect of a high dependency ratio in developed countries in developing countries?
- 1) Are there ways that someone can use to account for a country's equitable distribution of income (and/or economic well-being)? if so how is it possible? 2) What is the equivalent organization to OECD (Organization for Economic Co-operation and Development) that primarily focuses on lesser developed and developing countries? 3) What are the substantive issues/discussions in the The World Economic Forum unfolding at Davos Switzerland pertaining to economic and international economic issues. 4) What are the ideas by M. Feldstein and C. Horiokaabout on current account and/or balance of payments issues?A. EXPLAIN BRIEFLY THE FOUR APPROACHES TO ECONOMIC DEVELOPMENT.B. WHICH OF THE DIFFERENT THEORIES OR APPROACHES THAT BEST DESCRIBETHE ECONOMIC SITUATION OF THE DEVELOPING NATIONS? EXPLAIN YOURANSWER.C. DISTINGUISH BETWEEN THE NEO-CLASSICAL, FREE-MARKET THEORY WITHDEPENDENCY THEORY?D. WHAT IS THE ROLE OF PUBLIC INVESTMENT AS A DEVELOPMENT STRATEGY?E. DISCUSS HOW THE “STAGES OF GROWTH FRAMEWORK EXPLAINS ECONOMICSTRUCTURAL CHANGE.What is the potential impact of rapid economic growth on: a) A nation's tax base? b) GDP/Capita?
- How can the wealth of the nations measured by the using per capitagross national income (GNI)?1.Why is a strictly economic definition of development inadequate? What do you understand economic?development to mean? Can you give hypothetical or real examples of situations in which a country may be developing economically but may still be underdeveloped? 2. How does the concept of “capabilities to function” help us gain insight into development goals and achievements? Is money enough? Why or why not?The question am asking is based on the capabilities approach developed by A. Sen. My question is How the Human Development Reports incorporate capabilities as they measure human development?.