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)
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)
    1. Short questions
    2. Data response (1)
    3. Data response (2)
    4. Long answers
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

Data response (2)

Read the article Africa: Higher and Volatile Food Prices and Poor Rural People and then answer the questions below.

Question 1

Distinguish between the terms: foreign aid and multilateral development assistance.

Question 2

Using supply and demand diagrams, explain why the prices of primary commodities are both increasing and volatile.

Question 3

Explain how commodity price changes affect consumers and producers in the developing world.

Question 4

To what extent will the assistance being offered by the International Fund for Agricultural Development help solve the problems associated with price volatility?