Review Questions_Development planning.pdf - Department of Economics Econ 3131 Development Planning and Project Analysis I Review Questions Tadele

Review Questions_Development planning.pdf - Department of...

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1 Department of Economics _________________________________ Econ 3131: Development Planning and Project Analysis I Review Questions Tadele Ferede (PhD) Department of Economics College of Business and Economics Addis Ababa University November 2019
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2 Instructions: Please attempt all questions. Be sure to read the questions carefully, show your work where calculations are required, and provide concise explanations when then are solicited. 1. Briefly explain the following: (a) The meaning of and rationale for development plan. (b) Compare the dominant development paradigms between 1960s and 1980s. 2. (a) Discuss the differences between inducement and directive planning. (b) What are the advantages and disadvantages of directive planning?
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Unformatted text preview: 3. (a) Explain the prerequisites for successful planning. (b) Discuss the main features of medium and long-term development plans. 4. Suppose you are employed as a planning expert in an organization. And you have been engaged in the design and subsequent development of a development plan. What are the main elements of a development plan? 5. Suppose country X plans to reduce the headcount poverty from 30 to 20 per cent and the poverty elasticity of growth in this country is -0.5 (which shows the percentage change in poverty in response to an economic growth rate of 1 percent). What should be the target growth rate for this country? (Assume inequality neutral growth). 3...
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