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POL208Y1 (500)
Lecture

Lecture feb 7th.docx

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Department
Political Science
Course
POL208Y1
Professor
Lilach Gilady
Semester
Summer

Description
LectureFeb 7th y Economic logic on its own does not always worko Economic policy is not enough to change behaviour of people institution is requiredy Economic reforms are politically challenging when political institutions are weak and legitimacy is lowWhy weak institutions y Colonial legacy o No institutional infrastructure no modern selfrule tradition o A nation state o Traditional authority structure culture geographyo Instabilityweak institutionsinstability y The curse of natural resources o The only way state can raise fund is through taxation Taxes create accountability state needs to provide benefit otherwise entire system collapse States do whatever they want to do with the money gap between state and people Most countries with natural resources tend n
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