Pick a country with a GDP per capita below $ 10,000 dollars (that can be measured in U.S. dollars or international dollars). Briefly describe the standard of living in that country.

Then describe that country's economic growth over the last couple decades.

Talk more about the long term growth trends. Recall from the readings that low income countries can be described as "catch up" nations, meaning they are averaging higher than normal growth rates, putting them on a convergence track with higher income nations. Or they can be described as being "left behind," meaning they are averaging a lower growth rate that does not put them on the convergence track with the higher income nations?

Do you think the country you picked is on a convergence track with the higher income nations, or are they getting left behind? Use the economic data to explain your answer.

Then discuss which economic institutions you feel are helping or hurting incentives in the country and how they are affecting the performance of the economy?

Websites to use:

CIA world factbook:

https://www.cia.gov/library/publications/the-world-factbook/geos/xx.html Economic

Freedom Index: https://www.heritage.org/index/

OECD: https://data.oecd.org/

World Bank: https://www.worldbank.org/

IMF: https://www.imf.org/external/index.htm