Exam 20: Economic Growth in Developing Economies

Data from the United Nations indicate that in 2014, ________ people experienced extreme hunger.

Throughout the developing world, ________ is a problem that affects education.

India is on the World Bank's list of ________ countries and its capital city is one of the top ten centers of commerce in the world.

India is a democratic country with a history of rule-of-law and an English speaking heritage, all factors thought to give a development advantage.

A lack of infrastructure can limit a poor nation's economic growth.

Building infrastructure is referred to as

In some African nations, less than half of the adult population are literate.

Investment in social overhead capital refers to investment in areas like power plants and road construction.

An alternative to ________ is to rely on natural experiments to mimic the controlled experiment.

In 2007, remittances from illegal immigrants in the United States to Mexico

Capital flight is a barrier to economic growth in developing countries.

Related to the Economics in Practice on p. 387: According to the World Bank, of the following countries, which one has the lowest controls on corruption?

The ________ capital in developing nations causes labor productivity to remain low.

Related to the Economics in Practice on page 393: By 2001, the majority of the fishing fleet in the Indian state of Kerala had mobile phones. As a result of the introduction of mobile phone service to this fishing industry, profits ________ and consumer prices ________.

Which agency lends money to countries to promote their economic development?

Over the past 25 years, child mortality has ________ and literacy has ________ in developing countries.

The lack of capital in developing nations causes

Throughout the developing world, teacher absenteeism

Which of the following characteristics is generally representative of developing countries relative to developed countries?

A "brain drain" is