There
is no “right” or “wrong” answer to a question. Your answers will be
judged based on the quality of your analysis and reasoning, not whether
you “agree” or “disagree” with the propositions in the questions. A
high-quality answer will focus on concepts, arguments, and evidence
(whether qualitative, quantitative, or both), and not on merely stating
opinions that fail to be backed up by analysis. A high-quality answer
will refer not only to the lecture videos but one or more of the
suggested readings and/or additional references your own research turns
up. Refer to the exam writing tips shared previously by the announcement.
“Free
trade with poor countries is often blamed for the rise in wage
inequality in the rich countries, but the real culprit is technological
change that is biased in favor of skilled workers.” Do you agree or
disagree? Discuss critically.
“Jagdish
Bhagwati has argued that democracy provides a necessary ‘safety value’
for public discontent that an authoritarian system does not, thereby
making democracy a better option for developing countries.” Do you agree
or disagree? Discuss critically.
“Sam
Peltzman showed that the potentially beneficial effects of
well-intentioned government policy can be ‘offset’ by a behavioral
response of the public, that, in the end, may nullify any beneficial
effects and lead to no benefit or even make matters worse.” Do you agree
or disagree? Discuss critically.
“Most
developing countries emerging out of colonization opted for
inward-looking and state-led development models. On balance, these
models failed to achieve their goals and it is good that they were
replaced by outward-looking and market-led approaches thereafter.” Do
you agree or disagree? Discuss critically.
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