20 Supporting Growth
Suppor&ng growth Learning objec-ve: To evaluate how effec-ve different policies to support economic growth in LDCs can be.
Starter • What problems do LDCs face when trying to pursue economic growth?
Problems faced by LDCs • • • • • • • • • • •
High birth and death rates Poor investment Low produc-vity Subsistence based economies Poor infrastructure Lack of finance Poor educa-on Poor transport Corrupt governments War Famine
Discussion point • How effec(ve is interna(onal aid in promo(ng economic growth?
What other op&ons are there? • • • • • •
Trade Debt relief Investment Help with investment in human capital Fair trade schemes Non-‐governmental organisa-ons – WTO, IMF, World Bank, Chari-es
Task • How effec-ve would these measures be in promo-ng economic growth through improved interna-onal trade?
Starter • What problems do LDCs face when trying to pursue economic growth?
Problems faced by LDCs • • • • • • • • • • •
High birth and death rates Poor investment Low produc-vity Subsistence based economies Poor infrastructure Lack of finance Poor educa-on Poor transport Corrupt governments War Famine
Discussion point • How effec(ve is interna(onal aid in promo(ng economic growth?
What other op&ons are there? • • • • • •
Trade Debt relief Investment Help with investment in human capital Fair trade schemes Non-‐governmental organisa-ons – WTO, IMF, World Bank, Chari-es
Task • How effec-ve would these measures be in promo-ng economic growth through improved interna-onal trade?
