4.3.3:Strategies influencing growth and development

Question 1

list the market-orientated stratergies to influence growth and development.

Answer 1

Trade liberalisation
Promotion of FDI
Floating exchange rate
Privatisation
Removal of government subsidies
Micro finanace loans

Question 2

Interventionist based strategies influencing growth and development

Answer 2

Investment in human capital
Investment in Infrastructure
Protectionism
Managed exchange rate
Buffer stock scheme

Question 3

Other strategies influencing growth and development

Answer 3

Tourism
Aid
Debt relief
Fair trade
Primary industry development

Question 4

lewis model diagram