Impact of formal organization on African countries

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Issue:

Business

 

Written by:

Reginald W

 

Date added:

January 5, 2012

 

Level:

University

 

Grade:

 

No of pages / words:

3 / 617

 

Was viewed:

2865 times

 

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Essay content:

Kumssa & Mbeche (2004) point out the declining development curve of African countries by benchmarking the development of most of the East Asian countries. They state that both of them had the same income per capita in 1960s, however by mid-1990s the per capita income of East Asian countries increased more than five times than that of African countries...
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They state that both of them had the same income per capita in 1960s, however by mid-1990s the per capita income of East Asian countries increased more than five times than that of African countries. This proves that East Asian countries did better than African countries because they had good formal institution...
displayed 300 characters

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