Explain-the international economic system structures


Scenario:

The international economic system structures the prospects for continued economic development for all states. There is a debate within the literature on which economic perspective or approach best explains the workings of the international economic system and provides prescriptions for development. Pick the perspective you believe provides the best understanding of the current economic system and explain the key assumptions, strengths and drawbacks of the approach.

In your opinion what are the 2 key policy prescriptions from your selected approach that can help Third World countries achieve development?

Response to be 3 pages and to make sure the refrences .

 

 

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