Exam 19: The Economics of Developing Countries

When technological advances are of the capital-using kind, it is possible for an economy to increase its productivity without any net investment in capital goods.

Which of the following is a major obstacle to economic growth in DVCs?

To stimulate economic growth, it would be best if developing countries adopted policies to

One common measure of the "standard of living" in a nation is

Saving is low in many DVCs primarily because income is very equally distributed.

Which of the given nations would be low-income developing countries (DVCs), according to the World Bank?

A large portion of foreign aid from IACs to DVCs is provided on the basis of

Examples of low-income developing countries are

Based on population and economic development trends, the world population is expected to in the last part of this century.

(Last Word) Early experiments with unconditional cash transfers have revealed that

A recommended policy for developing countries to stimulate economic growth would be

Economic growth may hinge on whether individuals and institutions within a nation want growth badly enough to change their traditional ways of doing things.This statement refers to

A reason for placing special emphasis on capital accumulation in developing countries is the high

Approximately what percentage of the world's income is received by the poorest one-fifth of the world's population?

Most of the DVCs find it difficult to accumulate capital goods because

Which of the following would be an example of direct foreign investment in DVCs?

Which of the following statements is correct?

Capital flight refers to

Over the next 15 years, roughly what percentage of the increase in world population will come from DVCs?

When economists refer to capital flight, they are speaking of an