This is the modelling exercise referred to in the Unit Outline. The Assignment builds on a Keynesian growth model developed in the 1940s by Evsey Domar. This model has been very often applied to the Asian `Miracle economies and to LDCs in general, often along with another important Keynesian model from around the same time (which one?). The continued use of the Domar model by international aid agencies has been criticised by some development economists The criticisms usually focus on the overly casual use of the model by policymakers who have misunderstood its original purpose; the model itself is a quite well-respected effort in early growth theory, and a useful one for our purposes here
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