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Present the Todaro’s model of rural-urban migration. What are the expected benefits and costs of migration? What are the economic and non-economic factors that influence the migration decision? What is the determinant of the migration decision? What policies would you recommend to reduce rural-urban migration?
- Present the Todaro’s model of rural-urban migration. What are the expected benefits and costs of migration? What are the economic and non-economic factors that influence the migration decision? What is the determinant of the migration decision? What policies would you recommend to reduce rural-urban migration?
- What does the Lorenz Curve illustrate? What does the Gini Index measure? How do you illustrate improved income distribution using the Lorenz Curve? How does improved income distribution affect the Gini Index? Give examples of countries that were able to improve income distribution.
- Describe the Kuznets’ Inverted-U hypothesis of income distribution. Use the empirical evidence (both cross-country and time-series) to examine the validity of this hypothesis. Argue why the historical development experience of the MDCs do not apply to the development challenges facing today’s LDCs.
- To what extend the Third World women contribute to economic development? How can improvement in the economic and social status of women contribute to economic development? Use your country-study assignment as a case study for the role of women in economic development.
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