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Economic Development in Historical Perspective

Why has the growth of the German and Japanese economies after World War|| not been repeated in LDCs ?

Why has the growth of the German and Japanese economies after World War|| not been repeated in LDCs ?

A. low interest rates
B. political instability inhibits world-wide investment
C. human capital or technical skills were lacking
D. real domestic currency depreciation exists

Why has the growth of the German and Japanese economies after World War|| not been repeated in LDCs ? Read More »

Economic Development in Historical Perspective, Economics Mcqs

On what did the Russian Soviet development model of growth not depend ?

On what did the Russian Soviet development model of growth not depend ?

A. diverting savings from agriculture to industry
B. state assisted entrepreneurs
C. state monopolized trading
D. markets for allocating resources

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Economic Development in Historical Perspective, Economics Mcqs

The 1993 World Bank study entitled The East Asian Miracle (1993) identifies eight high performing Asian economies Which of the following is not one of them ?

The 1993 World Bank study entitled The East Asian Miracle (1993) identifies eight high performing Asian economies Which of the following is not one of them ?

A. Japan
B. Four tigers
C. Vietnam
D. Thailand

The 1993 World Bank study entitled The East Asian Miracle (1993) identifies eight high performing Asian economies Which of the following is not one of them ? Read More »

Economic Development in Historical Perspective, Economics Mcqs

Asian tigers or newly industrializing countries (NICs) of East and Southeast Asia include the following except ?

Asian tigers or newly industrializing countries (NICs) of East and Southeast Asia include the following except ?

A. South Korea
B. China
C. Taiwan
D. Singapore

Asian tigers or newly industrializing countries (NICs) of East and Southeast Asia include the following except ? Read More »

Economic Development in Historical Perspective, Economics Mcqs

How has the relative gap between GNP per capita for Western Europe and GNP per capita for African less-developed countries changed from the late nineteenth century to the present ?

How has the relative gap between GNP per capita for Western Europe and GNP per capita for African less-developed countries changed from the late nineteenth century to the present ?

A. declined
B. increased
C. remained the same
D. cannot be determined

How has the relative gap between GNP per capita for Western Europe and GNP per capita for African less-developed countries changed from the late nineteenth century to the present ? Read More »

Economic Development in Historical Perspective, Economics Mcqs