Economics – Country Paper

Pick a particular POOR country and do (Some Of!) the
following: {Note that 2017 “Atlas” income must be below $5,000}
1. Provide the basic facts about the country. Location, population, primary crops,
industries, level of income, the distribution of income and perhaps wealth,
climate, and finances (budget deficit/surplus, current account deficit/surplus).
What has happened to PPP-adjusted per-capita income since 2003?
2. Describe briefly its political history (independence, wars, dominant political
parties, dominant political/economic “elites”? democracy or authoritarian rule,
was there a land reform?).
3. Describe briefly its economic history (past growth, major positive or negative
periods and events, export successes/failures, outward looking or primarily
closed, share of trade in GDP, currency issues, possibly major projects (e.g.
Aswan Dam in Egypt).
4. Provide additional details as to the current state of the country, its challenges,
what is being attempted to induce growth, which outside countries are most
involved with it, its debt situation, current government, etc.
5. If the country has been fairly successful, to what do you attribute that?
Conversely, if it has had little or no growth, what are the reasons for that?
Does the country’s history support Easterly’s general argument that a lack of
incentives has been the major problem in poorer countries?
6. What actions and policies would you recommend to the government of the
country, and why?
7. What changes in the behavior of outside governments and multinationals
would be most helpful to the country, and why?
8. What do you expect will occur in the next decade, and what do you hope will
occur? Again, support your statements.

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