Consider a developing, tropical, island nation which has isolated itself from the rest of the world for decades. The current dictator has had a change of heart and now wishes to engage with other nations to help its economy grow.

Its population is undernourished but largely educated and highly literate. The nation has some arable farmland and some useful deposits of minerals, demanded by the rest of the world.

The nation is technologically behind most of the world by 20 years.

Trade agreements exist only with a handful of nations and none are with developed nationsthe nation's dictator is suspicious of other nations' motives so she is reluctant to sign any treaties. There are beaches which the local population finds enjoyable.

Imagine you are advising the dictator on economic policy. Outline an economic growth plan for this nation which will put it on a trajectory toward having a healthy, stable economy within 5 years. Do this by choosing from the factors which drive economic growth and discussing those which you believe are going to be the most helpful.

Be sure to state any additional assumptions you are making.