1.why might govenments want to consider import substitution industrialization policy for their economies?

2.some dependency theorists regard international capitalism as the motive force behind dependency relationships. do you agree or disagree? cite and support your ideas.

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Samantha BalandoLv7

28 Sep 2019

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WK2A1:

Many factors affect the demand for a product, which is a concern for management and the decision-making process. To correctly assess the demand for their products, managers must determine the effect of all relevant variables. Select a particular industry or product and define the following variables:

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Changes in real and projected incomes

Discuss how these variables can affect the demand for your product or industry and what methods could be used to estimate the effect of these variables.

Consider this statement: Long-run cost curves are planning curves, while short-run cost curves are operating curves. Do you agree or disagree with this statement? Support your answer with an appropriate rationale. In your response, use the various cost concepts you have learned, as well as the concepts of economies and diseconomies of scale, incremental costs, and sunk costs. Provide examples and applications of these costs in your response.

Justify your choices with valid assumptions and logically driven arguments. Cite any sources using APA format.

The subject is African Economy

Q. Choose three of the sections from Jerven chapter 1 -- Correlation is not causation (p.15), Garbage in, garbage out (p.16), Aid dependency (p. 33), Deficient public services (p. 35), Bad policies (p. 36) -- and for each section you choose, paraphrase the author's main argument in two to three sentences. What is the most important takeaway from each section? What evidence is given?

Q. Do some research online and present a basic summary of the economy of one of: Kenya, South Africa, Ghana, or Nigeria. Your summary should give a basic description of the overall economy (let's see what you remember as important from your Macroeconomics courses!) as well as a brief description and evaluation of your sources.

For those who might like a little guidance on the structure for task 2 above, perhaps do the following:

Identify five important economic facts about the country you have chosen. (Hint: GDP should be there, and some discussion of industries and labor would be good.)

Use at least three reliable sources. Give me the details on each source, and for each tell me why you think it is trustworthy. You need not worry about citation format (use MLA or APA if you want to do it "right" but I won't care as long as I can find it). When sources disagree, explain why you chose the information you chose. (For instance, if two sources give two different GDP values, why did you go with what you did?)

For questions 1, 2, 3, and 6 you are welcome to use Wikipedia. However, you should cite at least two other sources in each question. Your sources should be identified at the end of each answer. As you can see by now many of the assignments are very important to our understanding of the topics, but they have not been integrated as well into the course as I would like. This assignment is very different. Much of the discussion here is to better understand Latin America, a region of the world that we will need to skip because of time constraints. Some of you will be writing a country report about one that uses ISI. Some of this information may be useful to include in your report. Other sources you could consult are in the reference section of the library or you can ask a librarian for help. 1. What is Import Substitution Industrialization? (between 200-400 words) 2. Raul Prebisch was one of the prominent proponents of ISI, write a short biography of him (between 200-400 words) 3. Explain why Prebisch and others proposed ISI (up to 250 words). 4. Visit the site EconoMonitor and once there search for the article On Populism in Argentina (and other Latin American Countries) by Nicholas Magud published June 25th, 2008. Summarize it. 5. Brazil, Argentina, Peru, Mexico, and Bolivia among many countries followed both ISI and Economic populism. Visit the IMF site at www.imf.org and click on Data and Statistics, then click on World Economic Outlook Databases, select the October 2014 database,and select By Countries, next Latin America and the Caribbean. Find inflation in percent change for Argentina, since 1980 to date and graph the data in several sub-periods so it can show the different inflation rates better. In a couple paragraphs describe what you see. 6. Brazil, Chile, Peru, Bolivia, Argentina, and India followed ISI and different levels of Economic Populism, choose one of these five countries and explain when your selected country followed ISI and when it stopped following ISI? Why did your country stop using ISI? What were the consequences of ISI and Economic Populism in your country? (no less than 250 words and up to 700 words)