The paper should cover the following aspects of the developing.
(1) Understand the institutions, economic system and development process of the country.
(2) Discuss how the country’s economic performance has been shaped by its economic system. Some variables to consider are inflation, unemployment, growth, income distribution and balance of payments.
(3) Analyze the economic problems faced by the country and suggest strategies for accelerating growth, attaining sustainable development, reducing poverty and income inequality and decreasing external imbalances.
A good starting point to get a handle on the country is to look at its historical, cultural and political systems as well as its geographical location, physical features and natural resource base.
