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What factors can explain why do countries develop and grow? Compare and contrast state and market led approaches to explain economic development and evaluate them in at least one country/region discussed in class. Are any of these approaches more likely to promote development? Why?

What factors can explain why do countries develop and grow? Compare and contrast state and market led approaches to explain economic development and evaluate them in at least one country/region discussed in class. Are any of these approaches more likely to promote development? Why?

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