Course review
Review each learning objective in this topic, then open its concept explanation or question set.
Learning objective
• Trade strategies include import substitution, export promotion, and economic integration • Diversification reduces dependence on narrow sectors or products • Social enterprise can support growth and development goals • Diagrams: draw from relevant diagrams used in other sections
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Learning objective
• Market-based policies include trade liberalization, privatization, and deregulation • These strategies aim to improve efficiency, incentives, and market access
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Learning objective
• Interventionist policies include redistribution through tax policies, transfer payments, and minimum wages • Merit good provision includes education, health, infrastructure, energy, transport, telecommunications, clean water, and sanitation
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Learning objective
• Inward FDI can support growth and development • Foreign aid includes humanitarian aid, development aid, debt relief, ODA, and NGO support • Multilateral development assistance includes the World Bank and International Monetary Fund
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Learning objective
• Institutional change includes improved access to banking, microfinance, and mobile banking • Institutional strategies include women's empowerment, reducing corruption, property rights, and land rights
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Learning objective
• Strategies should be evaluated for strengths and limitations in promoting growth and development • Government intervention and market-oriented approaches should be compared in context • Progress toward selected Sustainable Development Goals should be assessed in two or more countries
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