Source of economic growth and development, Basic Statistics

Question 1:

(a) Describe the factors that contributed to the adoption of structural adjustment programme by a majority of Least Developed Countries in the 1980s?

(b) Describe the common set of problems that developing countries usually face.

Question 2:

(a) Explain the different forms that foreign aid may take.

(b) Does foreign aid lead to economic growth? Discuss.

Question 3:

(a) Distinguish between economic development and economic growth.

(b) Describe why development must be conceived as a multidimensional process involving major changes in every aspect of a society.

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