2020-2021 IKT 4401 DEVELOPMENT ECONOMICS FINAL EXAM QUESTION

Please criticize the approach of institutional economics on economic development

for less-developed and developing countries?

• You are asked to use metaphorical examples, some key historical events or the ideas of
scholars to support your arguments and writings.
• Please avoid the “kitchen sink” method and not write down everything you know about
this particular topic, without writing its cause & effect relationship.
• Everything you include in your text shoulc help to support your arguments.
• Don’t just give me a text book information, please try to find connections and links.
• Your writing should be max. 1000 words and please do not exceed this limitation
If necessary you can use references in a formal sense but don’t cheat and don’t