In the public choice (or new political economy) approach to development the emphasis is on
(a) growth in the rural sector.
(b) the self-interested behavior of public officials.
(c) the dependence of LDCs on former colonial powers.
(d) the inherent efficiency of developing country markets.
A situation in which government intervention in the economy worsens the economic outcome is
According to the dependence theory, the developing world is known as the
The underlying assumption of the Harrod-Domar growth model is that