Institutions, Inequality, AND Incomes 3 PDF

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INSTITUTIONS, INEQUALITY, AND INCOMES:GHANA AND CÔTE D'IVOIREA Case Study AnalysisRECOMMENDATIONSTo address the concern in the first problem, I highly recommend the first solution that gives emphasis on the government focusing their investment on the strength of their country as well as establishing...

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INSTITUTIONS, INEQUALITY, AND INCOMES: GHANA AND CÔTE D'IVOIRE A Case Study Analysis

RECOMMENDATIONS To address the concern in the first problem, I highly recommend the first solution that gives emphasis on the government focusing their investment on the strength of their country as well as establishing a strong protection of the products when it comes to exporting and importing. Each country has unique features that the government must see. These unique features should be the basis of the government in establishing a strong economic development policy. Development policies are often framed by a country’s underlying economic institutions, which can place constraints on the types of beneficial reforms and policies that a country can successfully implement. In connection with, governments should be a great player of wise economic investment. Investing on the right aspect will help improve the country’s economy and prevent putting the funds to waste.

For the second problem, I highly recommend the first solution that give rise to the policy that the government must implement in order to protect the lives of all people. Extreme inequality can retard the development process, which means that people may not want to participate in an economy where they feel unwanted and unaccepted. Thus, when a policy will be established that help protect the rights of every individual, people will not feel isolated and will contribute something in attaining economic development....