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Macroeconomics 8th Edition by David Colander
Edition 8ISBN: 978-0077398088Macroeconomics 8th Edition by David Colander
Edition 8ISBN: 978-0077398088 Exercise 6
It has been argued that development economics has no general theory; it is instead the application of common sense to real-world problems.
a. Do you agree or disagree with that statement? Why?
b. Why do you think this argument about the lack of generality of theories is made for developing countries more than it is made for developed countries?
a. Do you agree or disagree with that statement? Why?
b. Why do you think this argument about the lack of generality of theories is made for developing countries more than it is made for developed countries?
Explanation
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Developed nations are considered rich an...
Macroeconomics 8th Edition by David Colander
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