Question: 1. What are institutions and why do they matter for generating long-term economic growth? 2. Broadly speaking, how have institutions evolved in Botswana and Zimbabwe?
1. What are "institutions" and why do they matter for generating long-term economic growth? 2. Broadly speaking, how have institutions evolved in Botswana and Zimbabwe? What impact did their respective institutions have on their long-term growth? 3. Broadly speaking, what are some of the challenges of bringing inventions to the marketplace, and how do they influence long-term growth? 4. Why has Canada's productivity growth lagged behind that of the US?
Case study: The Myth of Asia's Miracle by Paul Krugman
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