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22 September, 16:47

What is the effect of political institutions on economic performance?

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  1. 22 September, 17:39
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    Answer: There will be a continuous conflict of interests among different groups and individuals over the different economic institutions and how resources should be distributed. Although there will be some negative conflict between the different parties, there will also be a lot of positives surrounding the economic institutions such as property rights, regulatory institutions, macroeconomic stability, social insurance and much more.
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