What is endogenous growth theory, Microeconomics

Assignment Help:

Problem 1:

Any development strategy should put people first; indeed, its very effectiveness should be measured in terms of how it impacts the poor.

(a) Describe the link between development and poverty with reference to the UNDP's efforts to quantity these phenomena.

(b) What measures will a government take to ensure that the benefits of economic growth trickle down to the poor?

Problem 2:

(a) What is endogenous growth theory and what are its policy implications?

(b) Do you think that endogenous growth theory can give a good explanation of the Mauritian "economic miracle"? Discuss fully with reference to the relevant empirical literature.


Related Discussions:- What is endogenous growth theory

Product transformation curve, Production: - Firms should choose how muc...

Production: - Firms should choose how much of each to produce. - The alternative quantities can be illustrated by using product transformation curves. Product Transforma

Analyze the economic factors, Question 1: Using relevant examples to il...

Question 1: Using relevant examples to illustrate your arguments analyze the different economic impacts of tourism and discuss the different ways in which government can maximi

Welfare economics, Prove the theory of second best with the help of a diagr...

Prove the theory of second best with the help of a diagram

Normal and abnormal profits., the diagram used to illustrate of abnormal an...

the diagram used to illustrate of abnormal and normal profits

Equilibrium point of a monopoly, Using a diagram explain the equilibrium po...

Using a diagram explain the equilibrium point of a monopoly

Production, explain 6 factors that determine volume of production

explain 6 factors that determine volume of production

Consumer surplus, I purchase a used stove for $155 when I was willing to pa...

I purchase a used stove for $155 when I was willing to pay $185. If a new stove costs $375,what is my consumer surplus

Macroeconomy, Adding the economic activities of government to the circular ...

Adding the economic activities of government to the circular flow model shows that: 1. Government spending creates inflation 2. Government purchases of goods and services,

Government Stimulus Package, The government decides to implement a new econ...

The government decides to implement a new economic stimulus package targeted at American Farmers. The stimulus package gives every household a $300 prepaid credit card that may on

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