Fifth Team Essay #2 Due 26 April


Write an essay in response to one of the topics below. Each essay should be 3-4 pages long (800-1000 words).  Essays must be typed or machine-printed and stapled (no paper clips or folders). Do not use colored paper. Keep a copy of your submitted essay. Use fonts no smaller than 12 points. Use a serifed font, like Times New Roman and not sans serif fonts, like Arial or Verdana:


This font has serifs.                   This font does not have serifs. Donít use it.


Please have a separate title page with 1) your name and 2) your student ID number printed on it. Do not put your name or ID number on the pages of text (I grade blind). Text should be double-spaced and have 1-inch margins. Number the pages of text.


Put the number of the topic you are answering or the first phrase of the topic at the top of the first page of the essay text so that I know which topic you are answering.





1. Criticize or defend this statement:

"Import-substitution industrialization (ISI) policies were successful in the post-1945 economic development of Mexico and Brazil because these polices generated periods of economic growth for the countries. This proves that dependency theory was correct, and that the best economic policy for these state is not to liberalize their economies or pursue export-led growth (ELG), but to continue state-led ISI."


2. Criticize or defend this statement:

"Democracy is not required for economic development and probably harms it because the state is able to manage the economy without fear of being vote out of office. This is why China is growing faster than India and why Russian economic growth is higher under Putin than under Yeltsin."