Developing Countries – Similarities and Differences
Developing Countries – Similarities and Differences
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Make a list of important areas of differences between developed and developing countries. Both quantitative and qualitative issues can be considered. Empirically quantifiable issues could include differences in (a) per capita incomes; (b) degrees of monetisation; (c) the type of exchange rate regime; (d) structure of the economies; (e) skill composition of the labour force; (e) existence and efficiency of unemployment insurance and other welfare programmes; (f) structure of exports and imports;
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