PART I 1.Assume the United Nations Educational, Scientific, and Cultural Organization (UNESCO) hired you as an economic development expert. Your mission is to travel to several developing countries (Mexico, Nigeria, Egypt, Iran, and Lebanon), which have been suffering from the "brain drain" disease for more than four decades. Every year, millions of college graduates and highly educated and skilled professionals leave their countries to seek permanent residency and citizenship in Australia, Canada, United States, Western Europe, and whichever country taking them.  Your assignment is threefold:  a)To analyze the economic, social, cultural (including religious), and political reasons why educated and skilled professionals leave their countries b)To determine who is gaining and who is losing from such an unprecedented mass exodus (i.e., the immigrant, the immigrant’s family, the home country, and the host country) c)To develop a set of policy measures that could help reduce human capital flight and encourage return of the expatriates 2.Assume the United Nations hired you as a development economist. Your assignment is to travel to several countries in the Middle East and North Africa (e.g., Libya, Egypt, Iran, Iraq, and Saudi Arabia), which have allocated billions of dollars over the past three decades to military expansion and modernization.  Yet, they have not been able to offer economic prosperity and political freedom to their own people.   Your assignment is threefold:  a)To discuss the positive and negative effects of military spending in developing countries b)To explore why these countries feel obliged to build large and modern armed forces c)To propose an alternative approach to governance that will bring about prosperity and freedom to such deprived people  Instructions: Write a detailed essay of about 500 words to answer each question based on textbook reading. Write the beginning and ending page numbers of the textbook at the outset of your answer.  Do not re-write the questions. Answer all components of each question. Support your answers with graphs and data tables from the textbook (wherever necessary) to receive full credit. Part ii 1.What are the positive and negative effects of foreign aid from the MDCs to the LDCs? Should the LDCs continue to seek such aid, and if so, under what conditions? Should the MDCs continue to provide such aid, and if so, under what conditions?  2.What are the positive and negative effects of foreign direct investment on economic development of the LDCs? Should the LDCs continue to encourage large and powerful multinational corporations to invest in their economies, and if so, under what conditions? How has the emergence of the “global factory” influenced international economic relations? 3.How could the LDCs promote agricultural development to reduce fertility and alleviate poverty of their rural population?  What kind of institutional and organizational developments and economic policies are need.

1. PART I
1.Assume the United Nations Educational, Scientific, and
Cultural Organization (UNESCO) hired you as an economic
development expert. Your mission is to travel to several
developing countries (Mexico, Nigeria, Egypt, Iran, and
Lebanon), which have been suffering from the "brain drain"
disease for more than four decades. Every year, millions of
college graduates and highly educated and skilled professionals
leave their countries to seek permanent residency and
citizenship in Australia, Canada, United States, Western
Europe, and whichever country taking them.
Your assignment is threefold:
a)To analyze the economic, social, cultural (including
religious), and political reasons why educated and skilled
professionals leave their countries
b)To determine who is gaining and who is losing from such an
unprecedented mass exodus (i.e., the immigrant, the
immigrant’s family, the home country, and the host country)
c)To develop a set of policy measures that could help reduce
human capital flight and encourage return of the expatriates
2.Assume the United Nations hired you as a development
economist. Your assignment is to travel to several countries in
the Middle East and North Africa (e.g., Libya, Egypt, Iran, Iraq,
and Saudi Arabia), which have allocated billions of dollars over
the past three decades to military expansion and modernization.
Yet, they have not been able to offer economic prosperity and
political freedom to their own people.
Your assignment is threefold:
a)To discuss the positive and negative effects of military
spending in developing countries
b)To explore why these countries feel obliged to build large and
modern armed forces
c)To propose an alternative approach to governance that will

2. bring about prosperity and freedom to such deprived people
Instructions:
Write a detailed essay of about 500 words to answer each
question based on textbook reading. Write the beginning and
ending page numbers of the textbook at the outset of your
answer. Do not re-write the questions. Answer all components
of each question. Support your answers with graphs and data
tables from the textbook (wherever necessary) to receive full
credit.
Part ii
1.What are the positive and negative effects of foreign aid from
the MDCs to the LDCs? Should the LDCs continue to seek such
aid, and if so, under what conditions? Should the MDCs
continue to provide such aid, and if so, under what conditions?
2.What are the positive and negative effects of foreign direct
investment on economic development of the LDCs? Should the
LDCs continue to encourage large and powerful multinational
corporations to invest in their economies, and if so, under what
conditions? How has the emergence of the “global factory”
influenced international economic relations?
3.How could the LDCs promote agricultural development to
reduce fertility and alleviate poverty of their rural population?
What kind of institutional and organizational developments and
economic policies are needed to implement an integrated rural
development strategy?
4.What do we mean by the term “petrodollar?” How does the
petrodollar get circulated in the MDC financial markets? How
does the circulation of the petrodollar contribute to Third World
debt accumulation and economic performance?
Instructions:
For each question, write a detailed essay of about 300 words to

3. answer each question based on textbook reading. Write the
beginning and ending page numbers of the textbook at the outset
of your answer. Do not re-write the questions. Answer all
components of each question. Support your answers with graphs
and data tables from the textbook (wherever necessary) to
receive full credit.