IMPORTANT NOTE:There is no "right" or "wrong" answer to a question. Your answers will be judged based on the quality of your analysis

and reasoning, not whether you "agree" or "disagree" with the propositions in the questions. A high quality answer will focus on concepts, arguments, and evidence (whether qualitative, quantitative, or both), and not on merely stating opinions that fail to be backed up by analysis. A high quality answer will refer not only to the lecture videos but one or more of the suggested readings and/or additional references your own research turns up.

QUESTION: Lee Kuan Yew, founding leader of Singapore, said: "I believe what a country needs to develop is discipline more than democracy. The exuberance of democracy leads to indiscipline and disorderly conduct which are inimical to development." Do you agree or disagree? Discuss critically.

Class Readings

https://www.idfcinstitute.org/site/assets/files/12168/dean_dehejia_bp_final_6feb17-2.pdf

https://carleton.ca/economics/wp-content/uploads/cep07-11.pdf