Posted: December 2nd, 2013

Economic development

About economic development, 7 questions.There is extensive literature on economic growth and development in different regions and countries on the internet, and you are encouraged to use these. A good place to start to put together source materials is The World Bank and The International Monetary Fund.
1. How is economic growth and development measured? How does this country
compare to other developing countries? You can use other countries from the same
region, if you desire.
2. Is the country underachieving or overachieving in terms of its development goals?
3. How have economists used growth theory to explain this country’s economic growth
and development?
4. How does this country compare to other countries with regard to income distribution
and poverty measures?
5. How is poverty measured? How is income distribution measured?
6. Has there been a trend toward greater equality or inequality?
7. Is poverty increasing or decreasing? Is there a relationship between economic growth
and income distribution in this country, and, if so, what is the nature of this
relationship?
8. Describe the relationship between political reform and economic growth and
development in the country. How has warfare affected economic growth?

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