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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.
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
theory of economies of scale,dis-economies,intergration
What is the main danger in placing countries together in the same grouping? It is useful to classify countries by groupings for identification of common problems and policy pu
Why is AIDs a major economic problem? AIDs are a tragedy which is affecting the structure and size of population. There AIDs is widespread in between the economically active th
Is population growth a problem? Quick population growth is a main cause of poverty and arises where population growth go beyond the rate of economic growth. Standards of liv
Staff time is generally the principal cost component of an IS project. Define five other areas where project costs could increase. Project costs also occur by: • Contract la
WHAT IS OPPOTUNITY COST?
What are the reasons for globalisation? Globalisation is the result of: • Enhancements in communications and transport, • Elimination of trade limits and exchange contro
what factors affect the volume of production in an economy
What are Rostowís assumptions? Assumptions of Rostowís: • Economic development procedure is universal which is all countries whether within Africa or Asia go by the same se
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