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What does it mean to say technological change is endogenous to an economy? How is this different from viewing technological change as exogenous?
Why doesn't the same manifestation of technology, say a computer, have an identical productivity effect in every economy and every setting?
If so, in what sense? In what ways are technological knowledge and a nation's human capital inputs complementary to one another?
Examine the data by regions at the World Bank website under Statistics and MDGs.
What other factors might be at work which contribute to or detract from the possibility for shared growth?
Discuss the following quotation using the concepts of and the interaction between: the CBR, the CDR, the fertility rate, and the demographic transition.
Using data from the previous problem, calculate the doubling time of population for both the natural and actual population growth rates for both of the LDCs.
How important are improvements in the productivity of the agricultural sector relative to efforts to increase productivity in industry?
What are the economic reasons for pursuing land reform? For a redistribution of landholdings that falls short of full land reform?
Discuss pros and cons of subsidized prices for staple commodities versus targeting income subsidies as strategies to help poor to purchase staple food products.
What could be done to prevent overgrazing of land? Why might it be rational for them to actively contribute to the acceleration of environmental degradation?
Available research suggests that when peasant farmers are impacted by deforestation and desertification. How are women affected adversely?
What other considerations are there besides costs of new inputs in deciding whether to use a new seed, a new fertilizer, or any new technology in agriculture?
What will the isoquant look like if there are only two different combinations of K and L available, for example?
Might some cultures or religions be more accepting of fundamental structural change than others? What evidence is there to support your viewpoint?
Draw the production function graph for your new example using the chart function in Excel. Again, highlight the data and choose a scatter diagram with a line.
What would happen to the PPF and total GDP in the future if all GDP produced now is consumed and none goes to physical capital goods?
Why are savings so important for economic growth? If there are no savings, what would that mean for an economy?
What might be the effects on society and different groups of the unregulated operation of the market system? Who would be likely to gain? To lose?
What specific changes would you suggest be undertaken by now-independent countries with economic structures shaped by colonialism?
What role did de-industrialization play in this process? Why did the colonizers require de-industrialization in their colonies? Who benefited and who lost?
Why and how were dualist structures fostered in the colonial regions, and how did they create barriers to further economic development?
Do developed countries have a limited array of exports? Why do most less-developed countries have such a limited array of exports?
What has happened to the terms of trade for tropical commodities in the twentieth century?
How did merchant capitalism function to retard and distort the developmental potential in the colonial regions? How is it different from industrial capitalism?