Debating whether the focus of development should improve the quality of life of local people or build large-scale productive capacity
a. will become resolved because people in the developing world have fused the liberal economics and dependency perspectives.
b. has ended in large part because of the success of microcredit institutions.
c. might become resolved when the Doha round of trade talks finally ends.
d. continues due to the complexity of the development process itself.
e. is irrelevant because developing states resist adopting the successful policies of the already-developed world.
Neoimperialism appeals to people in developing states because it explains their development difficulties by
a. at least partially blaming the policies of the former colonial ruler.
b. pointing out that international trade and finance flows do not favor them.
c. highlighting the subsidies paid by the developed-world governments to their own people.
d. noting the World Bank policy of conditionality.
e. All of the above are correct.
In establishing requirements on IMF loans, conditionality
a. emphasizes international trade over domestic policies.
b. reflects free trade and other liberal economic principles.
c. provides guidelines congruent with dependency's assumptions.
d. has been supported by developing-world governments.
e. illustrates commonalities in the three perspectives.
Grameen Bank's assumption that credit is a human right and that the poor are not victims but potential entrepreneurs best reflects which perspective(s)?
a. liberal economics
b. dependency
c. participatory development
d. liberal economics and dependency
e. dependency and participatory development
Capital-intensive, economic-growth development strategies would seem to favor
a. handmade products over factory production.
b. government-subsidized companies over international corporations.
c. dams for electricity production over locally dug irrigation ditches.
d. microcredit financing over loans from international banks.
e. capital accumulation by foreign aid over export earnings.
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