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Most important pages:

Here is a list of the most important pages to learn on Syllabus Section 4 - Development Economics - all other pages are designed for wider explanation - use them only if you feel you need to for further understanding:


Page
Description 4.1 Economic Development                                                                                            
1
All Contents for Development
2
Key terms in Development - Preparing for Development
3
International Organisations - Preparing for Development
4
Command Words - Preparing for Development
6
Syllabus Structure of Development and Contents - Development Syllabus starts here
7
Common Characteristics of an LDC - What is an LDC?
8
Economic Growth and Economic Development - Comparisons and Millenium Goals
9
Pause for thought - Brazil
10
Econ Growth and Econ Development - Read, Think, Discuss
11
Sustainability
12
Sources of Economic Growth
13
Pages 13 to 21 Detail major issues on Development - Be careful of spending too much time on these
22
Common Characteristics of an LDC - poverty
23
Pages 23 to 27 are again detail - Be careful of spending too much time on these
28
Economic Development Questions


Page
Description 4.2 Measuring Development                                                                               
36
Introduction
38
Limitations of using GDP measures to compare welfare
39
Purchasing Power Parity comparisons
41
Other welfare indicators
43
Perspectives on Development Videos
45
Composite indicators
47
Problems and comparisons of composite indicators
49
Questions for understanding

Page
Description 4.3 Domestic factors and Economic Growth                                                 
56
Domestic Introduction
57
Domestic Factors affecting Growth - AD/AS Model
58
Production Possibility Model
59
Education
60
Primary, Secondary or Tertiary education?
71
Use of appropriate technology
75
Access to credit and Micro Credit
80
Pros and Cons of Microcredit
81
Empowerment of women
85
Distribution of Income
86
Lorenz Curve and Distribution of Income
87
Theory of Development Harrod Domar Model
89
Theory of Development Lewis Dual Sector Model
90
Theory of Development Structural Change Model
91
Questions for understanding

Page
Description 4.4 The Role of International Trade
98
Trade problems facing many economically less developed countries: Introduction, Over-specialisation
99
Problems: Over-dependence on Primary products
100
Price volatility of primary products (until Page 104)
105
Economic Growth and Economic Development - Introduction
106
(a) Import Substitution
108
(b) Export Promotion
110
(c) Trade Liberalisation
111
(d) Role of WTO
112
Background Information on WTO
114
Case Study - Brazil and Trade Sanctions on USA for Cotton Subsidies
115
(e) Bilateral and Regional Trade Agreements
120
(f) Diversification

Page
Description 4.5 The Role of FDI and MNCs
128
The meaning of FDI and MNCs Introduction                                                                
129
Foreign Direct Investment
130
Multinational Corporations
131
Benefits of MNCs
132
Problems of MNCs
133 Growth of importance of MNCs in Recent Decades
135
FDI: Good or Bad?
138
Role of FDI Questions

Page
Description 4.6 Foreign Aid
144
Role of Aid and MDA - Introduction                                                           
145
Foreign Aid
148
Evaluation - Arguments for Aid
149
Evaluation - Arguments Against Aid
150
What is your view - alternative views summarised.
151
Case Studies
153
MultilateralDevelopment Assistance
154
IMF
155
World Bank

Page
Description 4.7 Foreign debt
166
Role of International Debt - Introduction                                                  
167
The Lenders
168
Case Study
169
The Debtors
173
Debt in Argentina
174
When Does Debt Become a Problem?
175
Possible solutions
176
Capital Flight
178
Role of International Debt - Questions

Page
Description 4.8 The Balance Between Markets and Intervention
183
The Balance Between Markets and Intervention
184
Explanation of Case study Approach
185
Strengths and Weaknesses of Market oriented Development Policies
186
Case Study 1 Focus on FDI
187
Case Study 2 Focus on Privatisation
188
Case Study 3 Focus on Trade Liberalisation
189
Case Study 4 Focus on Dual Economy
190
Case Study 5 Focus on Diversification
191
Strengths and Weaknesses of Intervention - Commodity Agreements
192
Strengths and Weaknesses of Intervention - Cartel Arrangements
193
Case Study 6 Focus on Infrastructure
194
Case Study 7 Focus on Corruption
195
Case Study 8 Focus on Socila Safety Net
196
Case Study 9 Focus on Blending Market and Interventionist Policies
200
The Balance Between Markets and Intervention - Questions