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Essay / Research Paper Abstract
A 3 page research paper that examines why some countries remain poor while other prosper. The writer argues that the answer lies in economic policy and cites as examples the recent growth of India and China. Bibliography lists 2 sources.
Page Count:
3 pages (~225 words per page)
File: D0_khpcoun.rtf
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Unformatted sample text from the term paper:
National Development Program, has emphasized, in recent years, the importance of good government and strong institutions in fostering economic growth (Years of plenty, 2003). In 2002 the report espoused democracy
as being an essential element for the economic growth of poor countries. However, in the 2003 report, that while governance and democracy are important, they are not sufficient along for
bring prosperity to poor countries (Years of plenty, 2003). Even though many countries turned to democracy in the 1990s, the income per head dropped in 54 developing nations. The
reasons for this are multiple, but a principal reason is location -- geography. Despite impressive economic growth over the last decade, Ugandas income per head was still less than $250
in 2001 (Years of plenty, 2003). Uganda is landlocked and has high transportation costs. Similarly, Chinas southern coast as five times the growth of its inland regions (Years of
plenty, 2003). Another principal reason why some counties remain poor is their economic policies. Many developing countries have not diversified their economies or done enough to foster the
growth of small farms (Years of plenty, 2003). Women in these countries are often marginalized and the UN report calls for more investment in social and physical infrastructure to remedy
societal problems (Years of plenty, 2003). A good example of the importance of economic policy in remedying the woes of a developing country can be seen in the examples of
India and China. India became a democracy after independence from Great Britain in 1947, despite being divided by 15 major languages and sharp conflicts among castes, religious and ethnic
groups (Becker, 2004). Nevertheless, despite its democratic system, the Indian economy grew slowly for four decades (Becker, 2004). This was because Indias economic policies were greatly influenced by its political
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