Question: It is far from the tropics, has a long border with a rich trading partner, has access to the sea, and has a disease environment

It is far from the tropics, has a long border with a rich trading partner, has access to the sea, and has a disease environment that gives it a life expectancy of 79 years. During the colonial period, mortality among European settlers was only one-seventeenth of Burundi's. While Canada lacks lucrative cash crops like coffee, cotton, and tea, it is one of the world's premier grain producers - and some studies suggest grain endowments are better for political economy and institutional development than tropical cash crops. Canada has long been a democracy with the rule of law, has never had a civil war, and has one of the world's best ratings on freedom from corruption. Canada's boring rulers have perpetrated few of the egregious interventions in the economy seen in Burundi.
Discuss carefully the significance and implications of the above excerpt for economic growth and development.

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Let us analyse Canadas economic history and characteristics in order to find how they have shaped the Canadian economy and its growth potential Canada is a country with a vast landmass with over 7100 ... View full answer

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