Briefly  define the following terms and indicate how they relate to economic development. For all identification questions two things must be addressed for full credit: (i) a 2 to 3 sentence definition of the term and (ii) a specific example from one of the student presentations, lectures, textbook or short papers. 

a) International Monetary Fund (IMF) conditionality

2.

(i) Briefly describe 3 policies to promote an Import Substitution Industrialization development strategy.

(ii) Briefly describe 3 policies to promote a labor intensive manufacturing export development strategy (that is, Structural Adjustment policies). .

(iii) Briefly describe 3 Import Substitution Industrialization OR Export-oriented development (Structural Adjustment) policies implemented by one specific developing country.

3.

(i) From the point of view of a developing country, what are 2 benefits and 2 problems of direct foreign investment by multinational corporations?

(ii) Describe 3 characteristics of multinational corporations (MNCs).

(iii) Describe 2 policies that a specific developing country implemented to address the benefits and/or problems of direct foreign investment by multinational corporations.

4.

i) Describe the arguments in favor of the idea that a high population density is beneficial for an economy.

(ii) Describe the arguments in favor of the idea that a high population growth rate is detrimental to an economy.

5.

Explain how each of the following two policies will affect the following groups: urban poor, rural landless, and small farmers:

(i) Increase the amount of inexpensive imported food (for example, through food aid).

(ii) Production subsidies on food..

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Answer a International Monetary Fund IMF conditionality i IMF conditionality refers to the terms and conditions that the IMF imposes on a country when providing financial assistance typically in the f... View the full answer