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DS 45 - HUMAN DEVELOPMENT
For some time now the Zambian economy has been experiencing
growth. However, the country is still
experiencing a rise in its poverty levels.
What factors can you advance to explain this anomalous situation?
In
development circles there was much debate recently when it was announced that
Zambia had moved up the World Bank rankings and become a “middle-income
country”. But the truth is that this “news” remains a mere academic pronouncement
– for the majority of Zambians the news that Zambia has now graduated to being
a middle-income country will not even register as a blip on their radar. Zambia,
which until two decades ago was one of the most prosperous countries in
Sub-Saharan Africa, now ranks as one of the Least Developed Countries. The
majority of the people suffer from weak purchasing power, homelessness, and
insufficient access to basic necessities such as education, health, food, and
clean water. The paper attempts to answer why the majority of Zambians still
live in poverty despite the Zambian economic growth recorded recently.
According
To CIA (2012:2) “Zambia's economy has
experienced strong growth in recent years, with real GDP growth in 2005-11 more
than 6% per year.” Privatization of government-owned copper mines in the
1990s relieved the government from covering mammoth losses generated by the
industry and greatly increased copper mining output and profitability to spur
economic growth. Zambia remains polarised along class lines and inequality is
growing: the middle class is dwindling and the ranks of poor people are
swelling rapidly.
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“Human
Development is about creating an environment or atmosphere in which people can
develop and realize their full potential and lead productive, as well as
creative lives in accordance with their needs and interests.” Critically
analyze the above statement in relation to the four pillars of human
development, i.e. equity, sustainability, production and empowerment.
Sample paper read below...........
The paper discuses the main pillars of human development, in which it has been said that there
are four essential components in the human development paradigm, equity,
sustainability, productivity and empowerment. Each of the needs to be understood
in its proper perspective since they distinguish the human development from the
more traditional economic growth models.
Harrington
(2005) assert that, “Building people’s capabilities in these areas of health,
education and resources is important in enlarging their choices. ” In line with the above Harrington views, it
can be deduced that, If people do not have capabilities in these areas, their
choices also get limited. For example, an uneducated child cannot make the
choice to be a doctor because her choice has got limited by her lack of
education. Similarly, very often poor people cannot choose to take medical
treatment for disease because their choice is limited by their lack of
resources (money).......Buy this full paper now at K70,000 and have it in your inbox now ....Email: kabasosydn@yahoo.com or call +260- 966717712 or pay by XAPIT- 0974376553.
Discuss the relevance of the Keynesian models of
industrialization in the industrialization process of LDCs like Zambia. Give practical examples to support your
argument.
This paper examines the relevance of Keynesian
policies—interpreted as those policies implied by Keynes's theoretical analysis
of unemployment developed in The General Theory—for a subset of developing
economies, which are called semi-industrialized countries or Less Developed
Countries (LDC’s). It draws on recent contributions in development economics to
argue on theoretical grounds that Keynesian policies are relevant for
semi-industrialized countries even when they are constrained by capital
shortages, stagnant agricultural sectors, and foreign exchange availability. It
then discusses the recent development experience of India to illustrate the
empirical relevance of some of these theoretical issues.
Development should take place now, “because in the long
run we are all dead” This call for action from Keynes’s General Theory of
Money. Such an exhortation implies also the questions, why is there so much
poverty in Less Developed countries (LDC’s) and how could the situation
involved? These have become the basic questions for development studies, the
fairly branch of social sciences that emerged after Second World War.
According to Sullivan (2003:471) “A macroeconomic model based on the
principles of Keynesian economics that is used to identify the equilibrium
level of, and analyze disruptions to, aggregate production and income.”
This model identifies equilibrium aggregate production and income as the
intersection of the aggregate expenditures line and the 45-degree line. The
Keynesian model comes in three basic variations designated by the number of
macroeconomic sectors included--two-sector, three-sector, and four sector.
A developing country, also known as a less-developed
country, is a nation with a low living standard, undeveloped industrial base,
and low Human Development Index (HDI.
Kofi Annan, former Secretary General of the United
Nations, defined a developed country as follows. "A developed country is
one that allows all its citizens to enjoy a free and healthy life in a safe
environment."
But according
to the United Nations Statistics Division (2002) “There is no established convention for the designation of
"developed" and "developing" countries or areas in the
United Nations system.”.......... buy this customised paper now K80,000 (Zambian Kwacha) by XAPIT- 0974376553 or email us on kabsyconsultancy@yahoo.com or kabasosydn@yahoo.com
Prepare
an essay of not more than 1,500 words on each of the following topics:
i. Economic growth is essential for
poverty reduction. Evaluate this
statement.
ii. Explain the role of investment in
poverty reduction in the economy.
This
paper evaluates the statement that “economic growth is essential for poverty
reduction.” In the same vein, the paper explores the linkages
between public investment and poverty reduction, with the aim of
providing an overall view of existing theories, evidence and methods, and of
examining ways to provide better guidance to policy-makers in the use of
available techniques and information to set priorities for public investment.
This is particularly important at present, as we are once again witnessing
pressure for substantial increases in public investment in developing
countries, because of the slow rates of progress toward the targets contained
in the Millennium Development Goals, especially in sub-Saharan African
countries...............BUY THIS PAPER NOW.....WILL CUSTOMIZE IT FOR YOU....SIMPLY BY PAYING THROUGH XAPIT- 0974376553 OR through our ACCESS BANK, ZANACO ACCOUNT OR BARCLAY'S ACCOUNT.
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