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These two statements about the role of institutions in economic growth is TRUE or FALSE ? Please Explain in short sentence: Corruption and bribe help
These two statements about the role of institutions in economic growth is TRUE or FALSE?
Please Explain in short sentence:
- Corruption and bribe help in setting up businesses, and promote better institutions
- By analyzing differences across country borders ( eg East/West Germany, South/North Korea), we can learn about the role of institutions in economic development.
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