Financial development, social capital, favourable business regulation, trade openness are different aspects of ‘social capability’ influencing innovation processes and, therefore, economic development. Make a ranking of these factors according to their observed degree of importance for economic development
Financial development, social capital, favourable business regulation, trade openness are different aspects of ‘social capability’ influencing innovation processes and, therefore, economic development. Make a ranking of these factors according to their observed degree of importance for economic development
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter17: Growth And Less Developed Countries
Section: Chapter Questions
Problem 8SQP
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Financial development, social capital, favourable business regulation, trade
openness are different aspects of ‘social capability’ influencing innovation
processes and, therefore, economic development. Make a ranking of these factors
according to their observed degree of importance for economic development
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