Questions tagged [development]

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Recently China increased the import quota on crude oil to 20% from last year. Why would they do that? What will be its impact on the economy?

Can someone explain why? Because I thought it had to something with increasing domestic market competition but I am very confused. Any help would be appreciated.
Descartes's user avatar
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Equation for pure wage contracts in the land market

I am reading "Development Economics" by Debraj Ray. I need to understand the different kinds of contracts in the land market. Chapter 12.3.1 explains the contract forms. The general equation ...
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Can you classify EU countries into developing and industrialised, or are they all industrialised?

The Heckscher-Ohline model and Stolper-Samuelson theorem state that the relation between inequality and international trade is moderated by the level of economic development. I am studying this ...
Peter Jordanson's user avatar
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Characterizing goods by R&D costs

Is there a name for distinguishing manufactured goods requiring little/no R&D and ones requiring high/sustained R&D costs? Do these two types of manufactured goods have a name in economics? ...
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Why does HDI use log-transformed data for income index?

For calculation of HDI, the Income Index used is $\mathrm{I_{income} = \dfrac{ln(Income) - ln(min Income)}{ln(max Income) - ln(min Income)}}$. Why is the log transformed income used here? World Bank ...
reasonStore's user avatar
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Financial wellbeing overall components and datasets

I am currently doing a project on financial wellbeing, but on the level of entire countries. I am aware of studies and data pertaining to financial inclusion, as often studied in Development Economics,...
Ishan Kashyap Hazarika's user avatar
3 votes
1 answer
265 views

Does development aid, negatively effect the development of developing countries?

Development aid Development aid or development cooperation (also development assistance, technical assistance, international aid, overseas aid, official development assistance (ODA), or foreign aid) ...
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1 answer
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According to North, Wallis, and Weingast (NWW), which states/societies have successfully made the transition to open access?

Weingast (2016) writes: The NWW framework redefines the process of economic and political development as the transition from a limited access order to an open access order. The transition is a ...
user avatar
2 votes
1 answer
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Research question formation

I am in the process of starting a research paper (for those in the IB Board, this is the Extended Essay) and I had previously formed my research question like this: To what extent will factor x ...
Math Comorbidity's user avatar
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Impact of reducing fertility rate of poor, high birth rate, agricultural country in Africa

In a poor, population-dense country in Africa with an economy based entirely on agriculture (like Burundi) and a high birth rate that is contributing to poverty due to existing food insecurity, what ...
frosty123's user avatar
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Is it possible that all countries become developed and rich? [duplicate]

In economics, we are taught that, or needs are infinite and resources are fixed. And each needs and resources have some associated value.. At global level, we know, there are some rich as well as some ...
abhishek's user avatar
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How can I model the impacts of improved agriculture technologies and food aid in a multimarket model?

Given a multimarket model for staple agricultural commodities wheat, rice, maize and sorghum, in a low-income economy, Im trying to figure out how I can use the multimarket framework to look at the ...
Joe's user avatar
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The Effects of Demonetisation

I do not wish to get into the details of the Demonetisation implemented by the Indian Government on 8th November, 2016. Endless political debates have already been conducted advocating or berating ...
S.Rana's user avatar
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2 answers
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How a country is categorized as developed or developing?

Can you share an official source or reference of definition of a developed and developing country? some IMF or World Bank definition with link would be preferred. I need to write the reference in my ...
Asif Shahzad's user avatar
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1 answer
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What is the prime sign that a country is transitioning from a developing to a developed economy? [closed]

Developed Economy = low human capital flight, good infrastructure, low corruption, high per-capita income, dominated by hi-tech industry, high expenditure in R&D, high-quality higher education, ...
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Why are countries in the Gulf rich but lagging in technological innovation?

Countries in the gulf are oil rich. But they are lagging in R&D sector. Governments do not spend much on R&D. Most countries employ foreign contractors or import technologies. What is the ...
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Is NIIP a good measure of a country economical development?

In another question I asked someone pointed me to an answer where NIIP (Net International Investment Position) was mentioned as a measure of economical development, which I already heard about it and ...
Pablo's user avatar
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Which measures are there to evaluate a country economical development? [duplicate]

I'm familiar with the measures of Gross domestic product (GDP PPP) total, per capita and GDP nominal total and per capita. But I'm not sure if these measures evaluate the economical development of a ...
Pablo's user avatar
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Developmental studies and industrial policy for the highly developed countries - research trends?

Developmental studies usually is field of reasearch whose object is developing countries and industrial policy studies similarly are attributed to the developing countries or the things of the past. ...
TomR's user avatar
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1 answer
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What are some good books, explaining why the society and economy developed like it is through the history? [closed]

It has always been fascinating to me why, out of so many other options, the society has developed in this way. So I was searching for resources which explain what chain of events-and why- from ...
AlrzNmz's user avatar
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What evidence is there that Adam Smith made mistakes in criticizing Mercantilism and upholding capitalism?

This commentator writes: On March 9, 1776, "An Inquiry into the Nature and Causes of the Wealth of Nations" (commonly referred to as simply "The Wealth of Nations") was published. Smith, a Scottish ...
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1 answer
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Theories relevant to institutional quality and economic development [closed]

I want to write a term paper on institutional quality and economic development. What will be its possible theoretical framework?
Sadaf Bari's user avatar
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1 answer
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Where can I find an interactive graphic showing the development of countries?

I remember once finding a graphic which let you slide back and forth, showing how third world countries had developed over time. It would be really handy to find it again, but I've tried all the ...
plex's user avatar
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2 votes
1 answer
173 views

What do we know about the causes of global income inequality?

According to the IMF, the GDP per capita in the USA is about \$57,000 per year. In many central African countries the figure is more like \$500 or less. These examples are indicative of the incredibly ...
Ubiquitous's user avatar
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Moral and economic development paradox?

I have often listen to the old man who criticized the lack of morality in the Chinese people nowadays: "To get more money, break through to the bottom line to get more money!" Is there a ...
lhff's user avatar
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Would trade openness reduce market-seeking FDI?

My question is motivated by thinking about the prospect of attracting FDI into developing countries. Since developing countries do not have high skilled labor or better financial / governance ...
Heisenberg's user avatar
8 votes
2 answers
548 views

Why some countries are wealthier than others?

Twin-peak of economic growth is one of the concepts discussed in economics. Most of explanations for poverty traps are baseed on the lack of infrastructures and public goods. How could be another main ...
optimal control's user avatar
3 votes
3 answers
105 views

Papers on measuring institutions

I'm new to this subject, and I'm looking for papers on measuring the 'quality' of institutions and their possible role in the development of a country. ANy help would be appreciated.
An old man in the sea.'s user avatar
5 votes
1 answer
257 views

Lessons From Successfully small island economies

What economic and development lessons/strategies can developing Caribbean countries learn from successfully small island nations like Singapore?
user2960's user avatar
1 vote
0 answers
38 views

China's Prosperity

This is my first time doing this but with respects to economic prosperity. What are some of the tools/strategies that Chinese leader such as Deng Xiaoping would have used to stimulate and enhance ...
user2960's user avatar
3 votes
2 answers
193 views

Will China's GDP be greater than the USA's and Europe's combined?

A newspaper said in 2080 China can be a developed country, with a bigger population. Does that mean China's GDP is going to be bigger than the USA's and Europe's combined? Also, is this possible even ...
Victor's user avatar
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6 votes
1 answer
688 views

What is the advantage and disadvantage of fiscal illusion policy in terms for the financial market?

What is the advantage and disadvantage of fiscal illusion policy for the financial market? Fiscal illusion suggests that when government revenues are not completely transparent or are not fully ...
Victor's user avatar
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15 votes
5 answers
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What was economics like as a field before Adam Smith, the father of *modern* economics?

Adam Smith is called the "father of modern economics" and his book The Weath of Nations, a fundamental work in the field of economics, is considered the first modern book on economics. In addition, ...
Mathematician's user avatar