ECON 333 – DEVELOPMENT ECONOMICS
ECON 333 – DEVELOPMENT ECONOMICS WRITE A PAPER
Each student will act as a policy advisor to a developing country that is categorized as a low-income country. The instructor will assign you to one of the low-income countries. You cannot change the country that you have been assigned without the prior consent of the instructor.
Using indicators from datasets, such as the Human Development Report and the World Development Indicators (links are below), you can assess the factors that caused this country to be underdeveloped. You need to argue that one factor in specific is more critical than the others. You need to support your argument with evidence from the data, and other information that you can gain from your background reading about your country. You also need to suggest practical and sensible solutions to this critical problem. Your grade will depend on how logical, consistent and convincing your arguments are.
Therefore, you can divide your paper into three parts. In the first section, you will attempt to address all the factors that caused your country to be underdeveloped, and support your argument with indicators. In this section, you have to refer to the indicators of economic development, productivity, absolute poverty, income inequality, population, urbanization, education, health, the sectoral structure of the economy, environmental quality, international trade, foreign finance, political conditions, and any other pertinent indicators discussed in class. You are required to use only the links in the web page to get the indicators you need for your analysis. Do not use any other source of data unless there is an indicator, that you need to support and strengthen your argument, which is not available in these links. In the second section, you will determine which factor amongst all other factors is the most critical. You also have to discuss why you consider this factor more important than the others. In the third section, you will provide suggestions that this country can adopt to solve the one critical problem that you emphasized in the second section in order to get out of the poverty trap. The solutions you suggest have to be creative, practical and implementable.
DATA World Development Indicators:
Human Development Report:
FORMAT The paper needs to be typewritten. The first page is a cover page that includes your name, your ID and the name of the country you are analyzing. The paper should be in a maximum of 4 pages. Any bibliography or other material should be included afterwards in an appendix. The font should be no less than 12, and the format is single spacing.