Development Quiz

What does GDP per capita measure?

• Total population of a country

• Average income of the richest citizens

• Total value of goods and services produced divided by p.

• Life expectancy of citizens

What is the Human Development Index (HDI) NOT a measure of?

• Income adjusted for inequality

• Total GDP of a country

• Education

• Life expectancy

According to Grieco, what is a limitation of GDP per capita?

• It measures economic growth accurately

• It can hide inequality within a country

• It reflects the health of the population

• It accounts for education levels

What does Chang argue is missing from current definitions of development?

• Transformation of productive structures

• Focus on poverty reduction

• Support for local industries

• Investment in education

What is the 'resource curse'?

• Countries with resources always become rich

• Natural resources can lead to corruption and conflict

• Resources guarantee political stability

• Rich countries help poor countries with resources

What does Chang criticize about the Millennium Development Goals (MDGs)?

• They focus on industrial growth

• They do not help build real industries

• They ignore poverty reduction

• They promote technological advancement

What is a key idea of Chang's 'New Developmentalism'?

• Prioritize foreign aid over local development

• Include social justice and environmental sustainability

• Focus solely on economic growth

• Limit government intervention in the economy

According to Grieco, what is a major reason for persistent global inequalities?

• Technological advancements

• High levels of foreign investment

• History of colonialism

• Strong international trade agreements

What does Chang mean by 'ersatz development'?

• Aid that only provides temporary relief

• Real development through industrialization

• Investment in education and health

• Support for local industries

What does the liberalism school of thought emphasize for development?

• Free markets and trade

• Dependency on foreign aid

• Protectionist policies

• State control of industries