Conversations with Tyler Jeffrey Sachs on Charter Cities and How to Reform Graduate Economics Education (Live at Mason)
43 snips
Mar 31, 2015 AI Snips
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Resource Curse Complexity
- The natural resource curse suggests resource-rich economies can experience hindered growth.
- This is due to political and economic factors, not just market dynamics.
Institutions and Geography
- Institutions matter, but they are not the sole determinant of economic success.
- Geography, resources, and other factors play significant roles.
Corruption and Growth
- Despite high corruption levels, China has experienced rapid economic growth.
- The US also demonstrates economic progress alongside corruption.