Development economics

Table of Contents

1. Topic pack - Development economics - introduction
2. 4.1 Economic development (notes)
3. 4.1 Economic development (questions)
4. 4.2 Measuring Economic Development (notes)
5. 4.2 Measuring development (questions)
6. 4.3 The role of domestic factors in economic development (notes)
7. 4.3 The role of domestic factors in economic development (questions)
8. 4.4 The role of international trade (notes)
   1. Role of international trade - introduction
   2. Trade problems (LDCs)
   3. Problems - over-dependence on primary products
   4. Price volatility of primary products
   5. Consequences of price volatility
   6. Price increases can also be problematic!
   7. Price volatility case study - tomatoes
   8. Price volatility case study - copper
   9. Trade strategies for growth and development
   10. Import substitution
   11. Import substitution case study - sorghum
   12. Export promotion
   13. Export promotion case study - Thai toy industry
   14. Trade liberalization
   15. The role of the World Trade Organization
   16. Background information
   17. The Doha round
   18. Case study - trade sanctions
   19. Bilateral and regional preferential trade agreements
   20. Case study of a bilateral preferential trade agreement
   21. Case study of a multilateral preferential trade agreement
   22. Some background reading
   23. Diversification
   24. Case study - diversification
   25. Diversification in Malawi - video
   26. Some background reading
9. 4.4 The role of international trade (questions)
10. 4.5 The role of Foreign Direct Investment (FDI) (notes)
11. 4.5 The role of foreign direct investment (questions)
12. 4.6 The role of foreign aid and multilaterial development assistance (notes)
13. 4.6 The role of foreign aid and multilateral development assistance (questions)
14. 4.7 The role of international debt (notes)
15. 4.7 The role of international debt (questions)
16. 4.8 The balance between markets and intervention (notes)
17. 4.8 The balance between markets and intervention (questions)
18. Print View

Trade strategies for growth and development

Syllabus: economic growth and economic development

•    With reference to specific examples, evaluate each of the following as a means of achieving economic growth and economic development

a. Import substitution (Page 106)

b. Export promotion (Page 108)

c. Trade liberalization (Page 110)

d. The role of the WTO (Page 111)

e. Bilateral and regional preferential trade agreements (page 115)

f. Diversification (Page 120)

General Introduction:

Watch the following introductory programme on international trade and trade strategies.

The programme reviews the principles underlying trade and explores how these relate to less developed countries.

The following sections explore some of the trade strategies covered in the video.