What are the restrictions of unbalanced growth, Business Economics

Assignment Help:

What are the restrictions of unbalanced growth?

The restrictions of unbalanced growth:

• Frequently governments go for high status, capital-intensive and high tech projects as like steel works.

• Government planning results within government failure. For a complete discussion notice: why state approaches are sometimes considered as unsuitable for promoting development.

Taiwan, Malaysia, Singapore, and South Korea are which achieved high rates of growth into the late 20th century from government co-ordinate development policies counting protectionism, government subsidy, high levels of literacy and devaluation. In 1997 year, the East Asia financial crisis was an external shock from that all these economies are recovering yet.


Related Discussions:- What are the restrictions of unbalanced growth

What are the restrictions of dependency theory, What are the restrictions o...

What are the restrictions of dependency theory? The restrictions of dependency theory: • Self sufficiency and import-substitution strategy mean the advantages of Internatio

What are harrod-domar assumptions, What are Harrod-Domar assumptions? T...

What are Harrod-Domar assumptions? The H-D (Harrod-Domar) model assumes as: • Fixed capital output ratio. Nonetheless, diminishing marginal returns to capital element exist

General theory of employment , The word of Keynesian -styles A Keynesian co...

The word of Keynesian -styles A Keynesian come about the rules creators on purpose look for to motivate additional than one of the modules of aggregate demand to improvement numbe

How is business cycle essential in downturns and upturns, How is business c...

How is business cycle essential in economic downturns and upturns? The Business Cycle: It is the short-run alternation between economic upturns and downturns. A

Calculate the beta for corporation, 1.) Calculate the beta for your corpora...

1.) Calculate the beta for your corporation.  First you need to calculate the monthly return for your corporation for the recent 60-month period (use April 2006 through March 2011)

What is employment and unemployment, What is Employment and Unemployment? ...

What is Employment and Unemployment? Employment and Unemployment: Employment: It is the number of people working within the economy. Unemployment: It is the nu

How is harrod-domar model used in planning, How is Harrod-Domar model used ...

How is Harrod-Domar model used in planning? The Harrod-Domar model is helpful to government for setting target rates for saving required to deliver a specified rate of economi

What is economic partnership agreement, Problem 1: "African Caribbean a...

Problem 1: "African Caribbean and Pacific (ACP) countries no longer have preferential access to the European market for their exports, except under provisions of „Special and D

How the producer may raise his total revenue, (a) Using the basic concept ...

(a) Using the basic concept of price elasticity of demand for his product, describe how the producer may raise his total revenue. (b) With reference to an initial set of marke

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd