1. According to many development economists market failures are a widespread and pervasive feature of the economies of the developing world. Identify and give examples of such market failures and evaluate whether they provide a good rationale for a positive role for governments.
2. The basic objectives of governments and the multinationals are not the same: governments seek to spur development within a national context whilst multinationals seek to enhance their competitiveness and profits in an international context. Given these apparent conflicts in objectives would you advise governments in developing countries to promote multinational investment or keep it out?
3. Critically assess how countries of South Asia and Sub Saharan Africa have fared in providing food security to their most vulnerable groups. What would explain the outcomes?
4. The Doha (Development) Round of trade talks promised many gains for developing countries but appears to be going nowhere. Critically examine the reasons for the impasse in concluding these trade talks.
5. Do you think globalisation has worked for the benefit of developing countries? Use appropriate examples, data and case studies to support your arguments.