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How does Structural Adjustment Programmes/Poverty Reduction Strategies assist development?
Structural Adjustment Programmes (SAPs) /Poverty Reduction Strategies (PRS) are an effort to tackle underlying problems which give rise to Debt, balance of payment and exchange rate crisis. Conversely these programmes are criticised as ineffectual since:
Where countries to grow cash crops for export like part of structural reform, rose supply reduces world price. Specified low PED TR reduces for less developed countries exporting primary products reduces.
QUESTION (a) Explain what factors might determine the level of investment in an economy. (b) ‘If investment increases it will cause an increase in income. If income increase
how does economic theory contribute to managerial decisions?
1. Why does the quantity of salt demanded tend to be unresponsive to changes in its price?
The Basic assumption which underlay the government of international economy has been that the economies of the world would converge around a capitalist model. The details of such a
Examine the factors that determine the price of computers in a free market. In recent years, the price of personal computers has continued to fall even in the face of increasing de
explain total productivity
what are the resources of economics development
Explain about the term Traditional Economy. Traditional economy: It is where decisions regarding what, how and for whom to produce are based onto tradition and custom. A
micro and macro economicsapplied to business environment
The government spending on given goods and several services including public. This is government spending on state-provided goods and services including public and merit goods. Dec
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