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After reading Chapter 13

After reading Chapter 13 - After reading Chapter 13 the...

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Unformatted text preview: After reading Chapter 13, the student should be able to answer the following questions: 1. Describe the processes of economic development. 2. Compare and contrast the variety of experiences that Newly Industrialized Countries have had on their paths to industrialization. 3. Describe the special experiences of China and India as they have developed economically. 4. Explain the difficulties associated with trying to draw lessons for economic development from the multiple experiences of countries. 5. Distinguish between import substitution and export-led growth. 6. Describe the challenges of concentrating capital for manufacturing and an alternative to capitalization – microcredit. 7. Discuss the problems and prospects of foreign investment as a means of fostering economic development, identifying the conditions foreign investors will consider as favorable while explaining the terms that host states might prefer. 8. Discuss the international debt crisis, its causes, and possible solutions. 9. Discuss the role of the International Monetary Fund and the World Bank in providing multilateral loans to developing countries, including IMF conditionality. countries, including IMF conditionality....
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