Question

10. Why do some economists argue that the biggest problem facing the LDCs today is not "low quality growth", but "too little" growth? Provide country examples to caution against deflecting attention from the fact that economic growth typically does reduce absolute poverty and promote human development.

Answer 1

The least developed countries is countries which have least development in the socio economic development .As the name suggest it is very less or too little growth countries like mainly Afganistan ,syria,mali ,combodia,Myanmar etc ..which is characterised by low income and also poorest and weakest one facing poverty low growth and development in overall manner. From the countries examples we can made some measures in globally as against the economic inefficiency and reduce absolute poverty and that lead to promote human development in thier all over development as we can understand factor behind such low growth and less quality growth accordingly .we also can applly randomised control trial for better study poverty comprehensivly in such country for better understanding about poverty

if the absolute poverty reduce through the measures and support from the developed countries and also which need to measures taken at country level and globally based organisation level need to develop the human development and sustainability for the better future generation.