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"Institutions" Please respond to the following:

Based on the lecture and Webtext materials, address the following:

Every country in the world is constructed around the same set of institutional frameworks that differ only in how different governments manage them.

Use two (2) examples of institutions -such as a financial system, a judicial system, or the armed forces - to illustrate what developing countries overall have done to weaken or strengthen such institutions. Provide country-specific examples.

Finally, define extractive institutions and analyze the role these institutions play in the developing countries. Provide country-specific examples.

Reference no: EM131580533

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