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1. Discuss the assertion that the underdevelopment of developing countries is self-afflicted

1. Discuss the assertion that the underdevelopment of developing countries is self-afflicted

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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1. Discuss the assertion that the underdevelopment of developing countries is self-afflicted 2. Globalization and Sub-Sahara Africa's economic development: Panacea or Mirage? 3. To what extent is the informal financial sector relevant to the economic development of Ghana 4. Examine the assertion that commercial banks lending rates in Ghana are high and the effect on businesses. 5. Examine the influence of corruption on the rising debt of Ghana. 6. Discuss the assertion that economic growth is a necessary but not sufficient condition to eradicate absolute poverty and reduce inequality. 7. Does the rate of actual economic growth have any effect on the rate of potential growth and why may one country experience a faster rate of growth than another? 8. Why is capital flight a problem in most developing countries and what can be done to mitigate it? 9. How does fiscal discipline help businesses to grow in an economy? 10. Ghana beyond aid, a mere rhetoric or reality in the face of increasing global interdependence.
Transcribed Image Text:1. Discuss the assertion that the underdevelopment of developing countries is self-afflicted 2. Globalization and Sub-Sahara Africa's economic development: Panacea or Mirage? 3. To what extent is the informal financial sector relevant to the economic development of Ghana 4. Examine the assertion that commercial banks lending rates in Ghana are high and the effect on businesses. 5. Examine the influence of corruption on the rising debt of Ghana. 6. Discuss the assertion that economic growth is a necessary but not sufficient condition to eradicate absolute poverty and reduce inequality. 7. Does the rate of actual economic growth have any effect on the rate of potential growth and why may one country experience a faster rate of growth than another? 8. Why is capital flight a problem in most developing countries and what can be done to mitigate it? 9. How does fiscal discipline help businesses to grow in an economy? 10. Ghana beyond aid, a mere rhetoric or reality in the face of increasing global interdependence.
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