Explain the difference between inclusive and extractive economic
institutions. What are the political and economic outcomes
associated with each type of institution? What are the sources of
economic institutions?
Explain the difference between inclusive and extractive economic
institutions. Which economic and political outcomes are associated
with each set of institutions? Provide examples.
The Contemporary World: Globalization. Please define and
explain.
1.) Define and explain the economic globalization.
2.) Who are the actors of global economy? Identify the actors of
Global Economy.
Thank you very much
Explain the relationship between economic growth and
development. Be sure to define carefully what is economic growth
and what is development. In what sense is economic growth thought
to be necessary but not sufficient for development? Discuss how
Amartya Sen’s idea of development as freedom differs from
traditional understanding of development as increase in standard of
living?