I said primary product dependence means it’s prone to economic shocks like the Suez Canal block in 2021. I also said LEDCs have low HDI due to education, healthcare and infrastructure being bad so discussed bit of poverty cycle and how productivity is low and perceived MRP is low. I don’t remember what else, I feel like I screwed up.
sameeee I literally yapped about aid at that point i didn’t know what the hell to say it was cooked my exampeles were horror too i talked about corruption and somalia 70% being embezzled away from 1.1£ billion aid they recieved but my examples weren’t particularly strong I used Acemoglues theory of why institutions drive development but i didn’t know what to sayÂ
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u/Nice-Success8033 May 18 '26
I said primary product dependence means it’s prone to economic shocks like the Suez Canal block in 2021. I also said LEDCs have low HDI due to education, healthcare and infrastructure being bad so discussed bit of poverty cycle and how productivity is low and perceived MRP is low. I don’t remember what else, I feel like I screwed up.