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Compare and contrast the development policy of import substitution the policies associated with the neoliberal counterrevolution.
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The figure below shows the "daily productive hours" for men and women in several African countries.
What are your comments and impressions?
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1. True/False Circular and cumulative causation implies a widening economic gap between more developed core regions and less developed periphery regions.2. True/False Generally speaking, differences in per capita income and welfare between rich and poor countries have narrowed since then end of the colonial era.
3. True/False Circular and cumulative causation is a trickle-down effect.
4. True/False A countrys GNP per capita is a better indicator of its economic production than of the welfare of its inhabitants.
5. True/False The two axes of the development scatter diagram were a composite economic ranking and a composite human welfare ranking.
6. True/False Some of the countries we studied had high economic rankings with low human welfare rankings, but no countries we studied had the opposite (low economic rankings and high human welfare rankings.
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A. What are some good indicators of development. Explain.
B. Know why are the following NOT good indicators of development?
- total GNP
- total electricity consumption
- total number of doctors
- population density
- inflation rate
- exports as a percent of GNP
- energy production
- steel production
- computer manufacturing
- coal consumption per capita
- oil consumption per capita
- natural gas consumption per capita (for many energy uses, any of these three can be substituted for the others)
- % employment in manufacturing
- SO2 emissions
- growth in GNP
- growth in GNP per capita
- growth in energy consumption
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Use this data for the hypothetical country of Harperland to answer the questions that follow.
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For the following indicators of development indicate whether a More Developed country will have a HIGH value or a LOW value.
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A. Why do Cuba, Poland, Sri Lanka, and Moldova rank higher on the human welfare than on the economic dimension? (Hint: look at Table 7.2.)
B. Why do Saudi Arabia and the United Arab Emirates rank higher on the economic than on the human welfare dimension?
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E-Mail instructor: mhealy@harper.cc.il.us
Office: J-262, 847-925-6352
Home: 815-728-1571