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Do abundant resources necessarily act as a brake on the evolution of the economic structure (this is the resource curse issue)?
What potential problems are there for countries which follow easy ISI with difficult ISI, thus skipping the export substitution stage of transformation?
What is meant by a strategy switch? Why are strategy switches an important component of good policy-making?
Explain what is meant by a foreign exchange shortage. When does a foreign exchange shortage become a foreign exchange crisis?
Explain how the accounting profits of an unsubsidized public enterprise, the output of which creates positive externalities for other firms.
Discuss alternative ways other than tariffs that governments in a less-developed country might encourage and support easy ISI firms to produce in competition.
Carefully explain what is meant by transitional inefficiencies? A few possible sources of transitional inefficiencies were noted in the text.
Carefully explain the economic rationale for imposing an infant industry tariff to protect new producers from import competition.
How does shifting labor from a low-productivity sector to a higher-productivity sector affect an economy's GDP?
Draw a "fuzzy" or "flexible" production function showing how accumulating more human capital can result in different levels of per capita output.
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?