Another class I liked this semester was Development Economics, each week one topic would be taken into discussion . There will be argument and counter arguments finally professor will give his own convincing theory.For example education improves growth or not,FDIs help economy grow,technology boosts country's progress.
In the final minutes of our last class ,our professor asked a question which is the most important factor for country's growth. We were saying lots of things from good governence to education to liberalization. After listening to all this he said the main factor is "YOU" and he ended with this quote from world bank.
"There is no universal blueprint for reform. But almost all successful reform episodes in developing countries have had one common feature: they have been crafted by dynamic leaders who shepherded changes through complicated political terrain."
2 comments:
An economist is someone who, when he finds something that works in practice, tries to make it work in theory.
@JP - So true!!!
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