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Explain the corruption in a country and economic growth

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Reference no: EM133183242

1. Free market economies stimulate greater economic growth, whereas state-directed economies stifle growth. Discuss.

2. A democratic political system is an essential condition for sustained economic progress. Discuss.

3. What is the relationship between corruption in a country (i.e., government officials taking bribes) and economic growth? Is corruption always bad?

4. You are the CEO of a company that has to choose between making a $100 million investment in Russia or Poland. Both investments promise the same long-run return, so your choice is driven by risk considerations. Assess the various risks of doing business in each of these nations. Which investment would you favor and why?

Reference no: EM133183242

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