06 May ANALYZING THE HISTORICAL GROWTH OF ECONOMY
This is the question “Drawing upon theories of growth and development, compare and contrast the economic development of any TWO countries.”
Overall, we should do comparison based on economic growth and development theories between two countries. I have chosen both theories and countries.
Please I want you to apply three theories, Rostow’s five stages would be the growth theory, neoliberalism and neokeynesianism would be development theories.
Generally, the assignment structure would be drawn below.
A. Introduction (180-200 words)
B. Theory growth – Rostow’s theory, brief history and explanation about the five stages for this theory. (250-300 words, 2-3 references)
C. Development theory 1 – Neoliberalism (Washington consensus), brief history and explanation about this theory such as
1. the world bank,
2. IMF
3. privatisation
4. deregulation
5. THE WORLD BANK AGENDA – 1980S
6. CRITIQUE OF THE WASHINGTON CONSENSUS, Stiglitz called for a ‘post-Washington Consensus’
(250-300 words, 2-3 references)
D. Development theory 2 – neokeynesianism (post-washington consenus), brief history and explanation about this theory. also, CRITICS OF THE POST-WASHINGTON CONSENSUS
(250-300 words, 2-3 references)
E. Starting the analysis on production for China;
1. Analyzing the historical growth of economy by Rostow’s theory and you could use GDP statistic (it should be five stages completely). (250-300 words and 2-3 references)
2. Analyzing developmental aspects by comparing both neoliberalism’s and neokeynesianism’s perspectives. (it should be argumentative) (250-300 words and 2-3 references).
F. Starting the analysis on production for India;
1. Analyzing the historical growth of economy by Rostow’s theory and you could use GDP statistic (it should be five stages completely). (250-300 words and 2-3 references).
2. Analyzing developmental aspects by comparing both neoliberalism’s and neokeynesianism’s perspectives. (it should be argumentative) (250-300 words and 2-3 references).
G. compare the production’s analysis (from above) between China and India. (250-300 words)
H. Starting the analysis on labours development for China;
1. Analyzing the historical growth of economy by Rostow’s theory, you could use GDP statistic and number of population (it should be five stages completely). (250-300 words and 2-3 references)
2. Analyzing developmental aspects by comparing both neoliberalism’s and neokeynesianism’s perspectives. (it should be argumentative) (250-300 words and 2-3 references).
I. Starting the analysis on labours’ development for India;
1. Analyzing the historical growth of economy by Rostow’s theory, you could use GDP statistic and number of population (it should be five stages completely). (250-300 words and 2-3 references)
2. Analyzing developmental aspects by comparing both neoliberalism’s and neokeynesianism’s perspectives. (it should be argumentative) (250-300 words and 2-3 references).
J. compare the labours’ analysis (from above) between China and India. (250-300 words)
K. Conclusion by summarizing all above theoretical arguments, and results from analysis. Also limitations(200-250 words)
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