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(i) Explain the term capital accumulation.
(ii) Explain the different views on economic development.
(iii) In the golden age of globalization countries, especially developing, are called-upon to prioritise human capacity building in their domestic agenda. In this context, critically assess whether education is a source of economic growth.
(iv) To what extent does convergence of economic policies across countries leads to improvement in world economic outcomes?
QUESTION (a) Explain clearly what inflation is and elaborate on its main causes. (b) "There is a trade-off between inflation and unemployment" Do you agree with this stateme
Why is World Bank worked jointly with the International Monetary Fund? The WB works jointly along with the IMF to assist LDCs through coordinated: a. Structural Adjustment P
Is telecommunication is elastic or inelastic ???
Problem: (a) Define ‘Business Environment'. (b) Briefly distinguish between internal and external environments of business. (c) Discuss on the key components of the gener
what are the resources of economics development
How does Structural Adjustment Programmes/Poverty Reduction Strategies assist development? Structural Adjustment Programmes (SAPs) /Poverty Reduction Strategies (PRS) are an ef
What are the reasons for globalisation? Globalisation is the result of: • Enhancements in communications and transport, • Elimination of trade limits and exchange contro
What does Rostow predict? For Rostow: • Savings and capital accumulation (formation) are central to the procedure of growth therefore development • The solution to de
WHAT IS UR AGREEMENT
Growth in Private Capital Flows is explained below: There has been a extraordinary growth in private capital flows since the 1990s. For instance, the value of capital flow tran
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