Industrial Development Policies

Instructions: EF321 FINAL ASSESSMENT 2020 [worth 50% of EF321 module grade] ?  Complete TWO questions out of the Four questions provided below. ?  The recommended word count for each question is 1,000 words. You are free to write more than this if you wish. ?  There is no need to include a bibliography as part of your assessment submission. You may include in-text references – e.g. (Smith, 2018) – for readings other than the core textbook material if you wish. ?  The submission date for this assessment is Friday 8th January 2021 (4pm) ?  Assessments are to be submitted via upload link on EF321 Loop page ************************************************************************** Question 1 Discuss what you consider to be the main insights and limitations of the Solow growth model. Question 2 Briefly explain how Rodrik’s Growth Diagnostics framework differs from other approaches to Economic Development policy AND critically assess the Growth Diagnostics framework. Question 3 Briefly describe the typical forms of IMF assistance provided to heavily indebted countries AND discuss the objectives and the potential socio-economic costs associated with this IMF approach. Question 4 Discuss what you consider to be the main obstacles facing developing country governments as they try to implement successful industrial development policies. Refer to real world examples in your answer.

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