Zusammenfassung der Ressource
Chapter 3 - differences in ED
- National difference to EC Development
- Other Factors - Geography & Edu
- Differences in National political economic and legal systems
- GNI, PPP & HDI - Sen
- HDI (UN) - Life Ex, Edu & PPP
- Market based reforms
- Innovation & Entrepreneurship require a market economy
- Innovation & Entrepreneurship require strong property rights
- Spread of market
- Eg China, Angola, Ethiopia, Mozambigue
- Deregulation
- Privatization
- Legal system
- Political Systems
- China eg of Market Economy/Totlitarian
- Dictatorships - don't work eg Africa
- Spread of Democracy
- T- failed to deliver on eco progress
- Info avail - state can't dictate info
- Emergence of middle class