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NotesEconomics HLTopic 4.10Evaluating development strategies
Back to Economics HL Topics
4.10.74 min read

Evaluating development strategies (Economics HL)

IB Economics · Unit 4

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Contents

  1. 1Government or markets?
  2. 2Judging a strategy
  3. 3Exam-style question

Every strategy question asks the same thing in the end: markets, government, or a mix?

Market-oriented

  • Strength: competition and efficiency raise output.
  • Strength: no cost to the government's budget.
  • Limit: merit goods under-provided; inequality may grow.

Government intervention

  • Strength: schools, clinics, roads and fairer incomes.
  • Strength: fixes market failures directly.
  • Limit: opportunity cost, debt, waste and corruption.

The points to remember

  • Most fast-growing economies used a mix: South Korea combined exports with state schooling.
  • Judge for the country in the question.

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Four questions judge any strategy, and the SDGs show progress.

Four questions for any strategy

1

Does it reach the poor?

Growth that misses the poorest is not development.

Reach
2

Can it last?

Can it be paid for without debt, and without damaging the environment?

Sustainable
3

Does it fit the country?

Skills, institutions and resources decide what works.

Context
4

How fast?

Schools pay off in years; aid after a flood in days.

Time

Progress towards three SDGs

GoalProgressWhy
Good health (SDG 3)Bangladesh cut deaths of children under five by about four fifths since 1990Vaccines, clean water, health workers
Quality education (SDG 4)Ethiopia about doubled the share of children in primary school since 2000Free schooling, new schools
Zero hunger (SDG 2)The world share of hungry people has risen again since 2019Conflict, climate shocks, food prices

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Paper 2 asked this in all three May 2025 papers, as part (g) for 15 marks.

IB-style questionEvaluate[15 marks]

Text A: Since 2015 Corvane's government has followed a mixed strategy. It removed tariffs on machinery, sold the state telephone company and offered tax breaks to foreign car makers, while building rural roads and making primary school free. Real GDP grew by 6% a year and primary enrolment rose from 70% to 92%. However, the Gini coefficient rose from 0.38 to 0.44, government debt rose to 70% of GDP, and the foreign car plants buy few parts from local firms.

Using information from the text/data and your knowledge of economics, evaluate the strengths and limitations of Corvane's development strategy.

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How the 15 marks are given

MarksWhat your answer needs
13–15Theory fully explained, terms right all the way through, balanced evaluation, the text/data used to build the argument
10–12Theory explained, evaluation mostly balanced, the text/data used correctly
7–9Theory partly explained, evaluation one-sided, some text/data
4–6Theory described, evaluation superficial, little text/data
1–3Theory stated but not relevant, no evaluation, no text/data

IB Exam Questions on Evaluating development strategies

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How Evaluating development strategies Appears in IB Exams

Examiners use specific command terms when asking about this topic. Here's what to expect:

  • Define

    Give the precise meaning of key terms related to Evaluating development strategies.

    AO1
  • Describe

    Give a detailed account of processes or features in Evaluating development strategies.

    AO2
  • Explain

    Give reasons WHY — cause and effect within Evaluating development strategies.

    AO3
  • Evaluate

    Weigh strengths AND limitations of approaches in Evaluating development strategies.

    AO3
  • Discuss

    Present arguments FOR and AGAINST with a balanced conclusion.

    AO3

See the full IB Command Terms guide

Related Economics HL Topics

Continue learning with these related topics from the same unit:

4.1.1Benefits of international trade4.1.2Free trade on a diagram: exports and imports4.1.3Absolute and comparative advantage (HL)4.1.4Limitations of comparative advantage (HL)
View all Economics HL topics
Improve your exam techniqueCommand terms, paper structure, and mark-scheme tips for Economics HL
Previous4.10.6Institutional change and social enterprise

12 practice questions on Evaluating development strategies

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