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What are the constraints facing governments in the promotion of development?
The constraints facing governments into the promotion of development:
The capability of a government to control the economy and promote development is constrained through internal and external type’s constraints. Those are internal constraints face internal factors and external constraints on government action Less Developed Countries face external factors.
QUESTION 1 Critically examine alternative theories of money demand and specify a demand for money equation for Mauritius. QUESTION 2 Discuss the macroeconomic and micro
What is the difference between absolute and comparative advantage? Difference between absolute and comparative advantage: • Absolute advantage arises while a country or reg
#questDuring the 1990s, technological advance reduced the cost of computer chips. Explain, with the use of supply and demand diagrams, how the following markets are affected in ter
Describe the characteristics of Monopolistic Competition
purely competitive firms increase total revenue by
What are the advantages of informal economy? Advantages of the informal sector: • Employment, opportunities and income. • Offers cheap inputs for the formal sector •
Stakeholders have various interests or ‘stakes’ in a project. How can you find out where to put your management effort? Preferably, all stakeholders will have closely same crit
How do institutions influence development? Institutions development influence: Institutions matter since they give opportunities for people and firms to participate into
What are the problems of Environment in Economic Growth? Environment Problem: Economic growth can damage the environment by: • Negative externalities as an example waste thr
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