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- Research one global scenario on the risks brought along by economic globalization to developing countries. Specify the developing country and the threat she is experiencing that is bought about by globalization.Explain the role of human capital in economic developmentAnswer in essay form: What are the various issues related to the measurements of economic growth and development? What are the implications of economic development in the context of the Asian experience? Explain the different contemporary models of development and underdevelopment.
- Answer the following questions in essay form: 1. What are the different theories in economic development? 2. Explain the different contemporary models of development and underdevelopment. 3. What are the implications of economic development in the context of Asian experience?What do you understand by the development model of Arthur Lewis?write about Arthur Lewis's dual-sector model of development, and how this model sheds light on the enormous challenges that poor countries are facing in the decades ahead. Are there any policies these countries could enact to overcome these challenges?