Suppose you are a highly regarded international economic


Suppose you are a highly regarded international economic advisor. You have been asked to assess thepossibilities of growth in an African country. It is a country abundant in labour and some natural resources. The capital to labour ratio is low. It has a free market economy. You have found that this country does not havea very strong and healthy banking system. However the political system is stable and the government does agood job protecting property rights. Assess this country's prospects for growth. Recommend two things thatwould enhance the country's growth.

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