Institutional Framework
Every country in the world is constructed around the same set of institutional frameworks that differ only in how governments manage them.
Use two (2) examples of institutions —such as a financial system, a judicial system, or the armed forces — to illustrate what developing countries overall have done to weaken or strengthen such institutions. Provide country-specific examples.
Finally, analyze the role that extractive institutions play in the developing countries. Provide examples
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Both developing and developed countries face a challenge of building strong institutions in their own countries. Institutions in s country are the main challenges of development and the key to ensuring that corruption is controlled. Institutions, for example, a well-functioning judiciary or reliable public management or firm legal system are the keys protecting…
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