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Jan
27
2011
Added On January 17, 2011
The starchy staple called Cassava is changing livelihoods in Ghana. IFAD-TV's Sam Cole reports.
Jan
25
2011
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Mike Munger, chair of Duke University’s economics department, argues that “fair trade” products, while they may represent good intentions, probably don’t do much to help poor farmers. While the full podcast offers even more reasons, the clip below presents one clear explanation of why “fair trade” may actually make poor farmers worse off.
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In order to understand the goals of economic development, it is useful to examine the characteristics of more economically developed countries and compare them to those of less economically developed countries.
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In the discussion that follows, Paul Collier of Oxford and Zambian economist Dambisa Moyo argue that the developed world’s focus on aid to Africa, resulting in a trillion dollars in loans and grants over the last 50 years, has missed the mark and completely failed to achieve meaningful economic development. The focus must therefore shift to opening markets, improving governance, achieving security and creating jobs for the poorest people on the African continent. Watch the two videos below, and respond to the discussion questions that follow.
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This is an introduction to the concept of economic development which I am teaching to my class at the moment. You can click through the prezi by pressing the play button and choosing fullscreen under “more”. The up and down arrow keys, zoom in and out.
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- What is human development and what factors contribute to this development?
- What does it mean to have an improvement in the standard of living?
- What is the difference between economic growth and development?
- What indicators are used to measure the economic development of nations?
- How can data help us to better understand LDC’s while developing more effective strategies to improve their development.
- What are obstacles that stand in the way of development?
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