A Country's Choice of Institutional Frameworks is Important"
Based on the
lecture and Webtext materials, address the following:
country in the world is constructed around the same set of institutional
frameworks that differ only in how governments manage them and how involved the
government is in the managing those institutions. This can range from complete
control over an institution or no involvement whatsoever.
- Identify the
specific components of an institution. Next, 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.
following in crafting your response:
there any correlation between successful or failed countries and the level of
government involvement in that country's institutions?
- What are
some of the political, cultural, or economic distinctions between a country's
involvements in its institutions?
- What has
the record of history shown to be the most successful institutional frameworks
for lifting the most people out of poverty?
- What are
some examples of countries that have failed because of their choice of
institutional frameworks or countries that have succeeded because of their