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
Chapter16: Economic Growth
Section: Chapter Questions
Problem 6E
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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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