Remember traditionally authoritarian countries are transitioning towards representative governments: this may be in response to changes driven by globalization and technology. B-Please go to page 55 of the text, “Critical Thinking and Discussion Questions. ” In a word document, please type questions 1, 2 and 4, providing your response after each item. 1.free market economies stimulate greater economic growth, whereas, state directed economies stifle growth. Discuss. 2.a democratic political system is an essential condition for sustained economic progress. Discuss. 3. what is the relationship between corruption in a country (government officials taking bribes) and economic growth? is corruption always bad? 4.You are the CEO of a company that has to choose between making a $100million investment in Russia or Poland. Both investment promise the same long-run return, so your choice is driven by risk considerations . Assess the various risks of doing business is each of these nations. which investment would you favor and why?
