Clastify logo
Subjects
Features
Review
HOT
Tutoring

View all subjects (88)

4. The global economy
4.10

Economic growth and/or economic development strategies

IB Economics Syllabus

SL & HL
Syllabus concepts to know
Strategies to promote economic growth and/or economic

Trade strategies

Trade strategies — Import substitution

Trade strategies — Export promotion

Trade strategies — Economic integration

Diversification

Social enterprise

Market-based policies

Market-based policies — Trade liberalization

Market-based policies — Privatization

Market-based policies — Deregulation

Interventionist policies

Interventionist policies — Redistribution policies including tax policies, transfer payments and minimum wages

Provision of merit goods

Provision of merit goods — Education programs

Provision of merit goods — Health programs

Provision of merit goods — Infrastructure including energy, transport, telecommunications, clean water and sanitation

Inward foreign direct investment

Foreign aid

Foreign aid — Humanitarian aid/development aid

Foreign aid — Debt relief

Foreign aid — Official Development Assistance (ODA)

Foreign aid — Non-governmental organizations (NGOs)

Multilateral development assistance

Multilateral development assistance — The World Bank

Multilateral development assistance — International Monetary Fund

Institutional change

Institutional change — Improved access to banking, including microfinance and mobile banking

Institutional change — Increasing women’s empowerment

Institutional change — Reducing corruption

Institutional change — Property rights

Institutional change — Land rights

Strengths and limitations of strategies for promoting economic growth and economic development

Strengths and limitations of government intervention versus market-oriented approaches to achieving economic growth and economic development

Progress toward meeting selected Sustainable

Development Goals in the context of two or more countries

Inquiry—possible areas to explore (not an exhaustive list)

The patterns of economic development for countries in a re

The relationship between economic growth and development,

The impact of a poverty reduction strategy, for a chosen c

The impacts of FDI in a chosen country on economic growth

The impacts of a microfinance project/debt relief/health p chosen country/region.

Study & practice 4.10 Economic growth and/or economic development strategies

30 questions
Practice 4.10 in Question Bank

IB exam-style questions, with mark schemes and explanations, for all papers.

Start practicing
Read Notes for 4.10

Detailed notes written by examiners, strictly aligned with the syllabus.

Browse notes
Review 4.10 Flashcards

Active recall practice for key concepts and definitions.

Open flashcards

4.9 Barriers to economic growth and/or economic development

Previous