What are the traditional measures of development, Other Management

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Question 1:

a. What are the traditional measures of development?

b. What are the basic characteristics of the least developing nations?

c. According to Denis Goulet, what are the three core values of development?

Question 2:

Describe and criticise any two of the following:

a. Lewis theory of development
b. Rostow's stages of growth
c. Neoclassical counterrevolution, namely: free markets, public choice, and market-friendly approaches
d. The endogenous growth model.

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