Economic Theory |Get Solution
Answer all three questions. Your answer to each question should be about 450-500 words.(1) What are the key ideas in the three theories of development – structuralism, neo-Marxism and neoliberalism – according to both the reading and the class notes? What types of economic development policies do they argue for?(2) According to Sen and Dreze, Reuss and also to the Sustainable Development Goals, development should focus on the overall increase in human well-being, both social and economic. What are the social policies Dreze, Sen and others emphasize? (3) According to Rodrik, free trade agreements can lead to a race to the bottom in social and labor standards. Explain.
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