Posted by: abcde December 11, 2006
HELP! HELP! HELP :D
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Dear sajha economists :) What would you do in the senerio provided in the question below? Any.. just about any kind of ideas will be greatly appreciated. I'll pray for an A in all the courses youre taking.. .. please help! Case Question You have recently been hired as an economic advisor to the newly elected president of the Democratic Republic of Congo (formerly Zaire). Your task is to design a policy that will spur Congo’s economic development. You recognize the government institutions are extremely weak and corruption is rampant due to 40 years of dictatorial rule. You also recognize the private sector is highly fragmented with few indigenous business of significant scale. The majority of your experience has been in advising the Newly Industrialized nations of Southeast Asia. What lessons from this experience can be useful (if any) for your current assignment? Utilize your knowledge of state-market relations and formal/ informal institutions as a basis for your advise to the government.
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