Unformatted text preview: - Divergent trends, for example, in East Asia and sub-Saharan Africa, are a function of the policy and institutional reforms im-plemented in the countries that make up those regions. • Role of modern economics is to identify the policy and the institu-tional reforms that are capable of attacking poverty • Or put differently, as the argument cuts both ways, we want to iden-tify policy and institutional choices that keep countries or regions poor. • Backwardness and poverty do not have to be taken as a fact of life. There is real scope to confront them and over reasonable time peri-ods. • Period of huge potential - major role for economic policy analysis Development Economics, LSE Summer School 2007 6...
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This note was uploaded on 12/29/2011 for the course ECO 307 taught by Professor Dublin during the Spring '10 term at SUNY Stony Brook.
- Spring '10