Economic Development

In the Harrod-Domar model, if the savings rate is 20% and the incremental capital output ratio is five, abstracting from depreciation, what is the implied growth rate?Why must projects be appraised? What do we learn from project appraisals?How does the Washington...

Economic development

1. What reasons do Todaro and Smith offer for the technological stagnation of peasant agriculture? 2. Briefly state the economic and noneconomic arguments in favour of land reform in Latin America and the Caribbean. 3. What is comprehensive, or integrated, rural...