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Development Strategies - Mind Map
Mind Maps have been produced to introduce topics and give students an overview of key topics being studied. The maps can be viewed as a whole page or, for those who prefer a more linear approach, as a text version.
View larger version of the mind map.
- Diversification of Industrial Base
- Reduce reliance on single commodity
- Import substitution
- Schumacher's intermediate technology
- Agricultural Development
- Property Rights
- International Agreements
- Land Reform
- Productivity Improvements
- Abolition of Price Controls
- Trade Liberalisation
- Free Market Strategies
- Improve the efficiency of price signals
- Improve competitiveness of markets
- Improve efficiency of capital and labour
- Problems of market failure
- Pollution
- Environmental Degradation
- Public goods/merit goods
- Structural Change
- Lewis Two-Sector Model
- Structural Adjustment Policies
- Cancellation of international debt
- Trade Strategies
- Outward looking
- Reducing the levels of protection
- Encouraging investment flows
- Publicising the country's trade and goods
- Economies of scale
- Competition stimulates efficiency
- Inward looking
- Erect protective barriers
- Subsidise domestic producers
- Import substitution
- Population Control
- Encourage Savings and Investment
- Harrod-Domar
- Foreign Direct Investment
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