What are the main economic differences between weak post-colonial states and modernizing states? Please select all that apply.
A) Modernizing states attract much more foreign direct investments.
B) Modernizing states have their 'own' global players.
C) Modernizing states exploit more natural resources.
D) Modernizing states are suffering less corruption than weak post-colonial states.

Question

Quizplus · Accepted Answer

Modernizing states typically have stronger economies than weak post-colonial states, which makes them more attractive to foreign direct investment. Additionally, modernizing states have their own global players, such as multinational corporations, which help to further strengthen their economies. While some modernizing states may also exploit natural resources, this is not necessarily a defining characteristic, and some may actually focus more on knowledge-based industries. Corruption can still be a problem in modernizing states, but they typically have stronger institutions and more effective strategies for combating it compared to weak post-colonial states.

What Are the Main Economic Differences Between Weak Post-Colonial States