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Understanding of the problems of development

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Why is economics central to an understanding of the problems of development?
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 and even have reached high average incomes but may still not be developed?
Why is an understanding of development crucial to policy formulation in developing nations? Do you think it is possible for a nation to agree on a rough definition of development and orient its strategies accordingly?
Regardless of your specific views about the SDGs, do you think it is better to have these goals (or perhaps even any goals) than not to specify international development goals? Why or why not?
How does the concept of "capabilities to function" help us gain insight into development goals and achievements? Is money enough? Why or why not?

Reference no: EM133081114

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