Need an argumentative essay on Development Economics. Needs to be 5 pages. Please no plagiarism.

However, amid such concerted efforts, challenges abound. Several issues account for the stagnation of most economies in the developing world. In most cases, corruption, improper policies, inappropriate resources, and such other limiting factors account for this existing disparity. Most developing countries depend on the agricultural sector as the backbone of their economies. The mode of agriculture in most of these countries is normally traditional with little mechanization in certain instances.

In light of such emerging situations, the need to analyze the economic development and its repercussions on the agricultural sector rightly emerges. Economic development is the foundation of progress and prosperity that characterizes the developed world. It is characterized by improvements in the social welfare of the masses coupled with notable improvements in social infrastructure (Hayami 90-8). Economic growth on the other hand is characterized by increase in the productivity of a nation in terms of the national output. It is therefore imperative to realize that economic development can only exist after proper economic growth. This growth creates the resources to improve the standards of living of the people and enhances the general welfare of the masses. In most developing countries, it is a common occurrence to hear about great advances in economic growth but unfortunately, it is never accompanied by economic development. This creates the cause of concern and the need to introduce positive reforms in some of the developing countries.

It is indeed true that most developing countries crave about development and aspire to attain the development standards evidenced in the West and in other Eastern countries (Debraj 78). Such development is however hampered by several limiting factors that should always be addressed. Considering Kuznets’s view on developing

Men when they enter into society, yield up a part of their natural liberty, for the sake of being protected by government. If they yield up all their natural rights they are absolute slaves to their governors. If they yield up less than is necessary, the government is so feeble, that it cannot protect them. To yield up so much, as is necessary for the purposes of government; and to retain all beyond what is necessary, is the great point, which ought, if possible, to be attained in the formation of a constitution. . . . To define what portion of his natural liberty, the subject shall at the time be entitled to retain, is one great end of a bill of rights. . . . Without such a bill of rights, firmly securing the privileges of the subject, the government is always in danger of degenerating into tyranny.1

What important Anti-Federalist idea is expressed in this excerpt from the Anti-Federalist Papers?

A. Opposition to the presidency

B. Belief in a strong central government

C. Fear of tyranny

D. Concern over taxation