1. Describe Rostow’s stages theory of economic growth. 2. What is meant by the term neoclassical counterrevolution? What are its principal arguments? 3. Economic growth is often said to be a necessary (but not a sufficient) condition to eliminate poverty. Explain. 4. Explain the Kuznets inverted-U hypothesis. 5. How does microfinance differ from other forms of finance? How successful has it been in providing capital to poor households for self-employment activities?
