Saturday, 12 December 2009

What is a wealth of nations really built upon.

Tim Harford, the undercover economist, reports from a lecture given on why some countries are richer than  others.  The Lower Sixth Economist will be studying this next term and the Upper Sixth will be looking at developing economies in more detail as part of unit 4.

One of the main building blocks for advancing economies is the legal and financial institutions that protect property.  The article from FT.com is here

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