EDEXCEL IAL Topical Past Paper Unit 4

4.6.3 Measures to promote growth and development




section A

Section b

WEC14/01/June 2023

In 2020 the International Monetary Fund (IMF) provided financial assistance of $13 billion to low-income developing countries. In addition, the World Bank provided financial assistance of $43 billion to low-income developing countries.

Evaluate the lrole of international institutions in promoting economic development.
Refer to examples of developing countries in your answer. [20. marks]

WEC14/01/Oct 2023

In Libya the HDI was 0.80 in 2010 and it was 0.72 in 2019.

Evaluate interventionist strategies that a government in a developing country of your choice might use to increase economic development. [20. marks]

WEC14/01/Jan 2023

In the first quarter of 2022 the USA and Australia both experienced inflows of foreign direct investment (FDI) of $67 billion and $59 billion respectively.

Evaluate the potential economic benefits to a developed country of FDI inflows. [20. marks]

WEC14/01/Oct 2022

In 2021 there was a significant increase in the number of joint ventures between local businesses and transnational companies in many developing countries.

Evaluate the likely benefits to a developing country of joint ventures between local businesses and transnational companies as a means of promoting economic development. [20. marks]

WEC14/01/Oct 2022

In 2020 developed countries that were members of the Organisation for Economic Cooperation and Development (OECD) spent $238 billion on agricultural subsidies.

Evaluate the disadvantages of agricultural subsidies paid to farmers in developed countries on developing countries. [20. marks]