One of the Debates in Development Economics Is Whether Foreign

question 36

Essay

One of the debates in development economics is whether foreign aid is an effective way to help developing countries. Summarize the arguments on both sides of this debate.

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Definitions:

Short-Term Store

A temporary storage facility where information is modified to create a more meaningful experience.

Spreading Activation

A theory in cognitive science suggesting that thoughts and ideas in memory are connected; activation of one concept triggers nearby or related concepts.

Visuospatial Sketchpad

A rehearsal system that holds and analyzes visual and spatial information.

Phonological Loop

A component of working memory model that deals with auditory information, holding and rehearsing speech-based information.