Exam 22: Macro Policies in Developing Countries

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List five problems facing developing countries that make their path to development difficult.

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Since even the most advanced economies of the world are constantly evolving, or restructuring, what really differentiates the so-called "developed" economies from those that are considered "developing"?

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Many developing countries have "dual economies".What is a dual economy and how does it affect a country's strategy of converting a developing economy to a market economy?

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