EXCELCENTRE LEARNING INSTITUTE 061 043 9805
PU E
S HI C
NG Y
OU TO THE GATE OF EXCEL L EN
Education is the most powerful weapon which you can use to change the world
,EXCELCENTRE LEARNING INSTITUTE 061 043 9805
WARNING: PLEASE NOTE THAT PLAGIARISM IS A SERIOUS ACADEMIC
OFFENSE, therefore students must use this document ONLY as a guideline. Hence
students have regenerated their own (personalized) solutions paying particular
attention to module contents as prescribed by module facilitators, lecturers and
supervisors. This document’s purpose is to compact all sources of information that
might be relevant to students’ assignments, hence additional knowledge on the
provided information is not restricted by the authors. However, submitting this
document as one’s final work is considered unethical, and students should be
penalized. If this document is plagiarized by the users and fails, EXCELCENTRE
should not be rendered accountable since the contents in this document only give
learners a kick-start on what is expected of them from their areas of
specialty.CAUTION: STUDENTS ARE NOT MANDATED TO USE EVERY DETAIL IN
THIS DOCUMENT IN WRITING THEIR ASSIGNMENT
Education is the most powerful weapon which you can use to change the world
, EXCELCENTRE LEARNING INSTITUTE 061 043 9805
Table of Contents
QUESTION 1 ................................................................................................................................5
Institutional Resilience, Corruption, and Development in South Africa and Argentina .....................5
1.1 Using the Fragile States Index (FSI) and Freedom House indicators, critically compare the
institutional resilience of South Africa and Argentina. Discuss how differences in political stability,
rule of law, and state legitimacy have influenced each country’s long term development path.
Support your answer with reference to at least two specific institutional economic theories. 15......5
1.2 Drawing on the Corruption Perceptions Index (CPI), analyse how varying levels of perceived
corruption in South Africa and Argentina impact government efficiency, public investment quality,
and private sector confidence. In your discussion, explain how corruption can become both a
cause and a consequence of weak institutional frameworks, and relate this to cross-country growth
outcomes. 15 ...............................................................................................................................6
1.3 Compare socio-economic indicators (income inequality, human development) between South
Africa and Argentina. Discuss how institutional weaknesses and governance challenges (as
reflected in the FSI and CPI) contribute to persistent socio-economic disparities and evaluate the
potential role of targeted poverty alleviation strategies in each context. 15 .....................................7
1.4 Evaluate how differences in institutional quality, corruption control, and political freedoms
between South Africa and Argentina shape each country’s capacity to plan and implement effective
long-term development policies. Discuss whether stronger institutions necessarily lead to better
socio-economic outcomes, using evidence from both countries’ recent policy experiences. 15 ......8
QUESTION 2 .............................................................................................................................. 10
Corruption’s Golden Thread: Economic Consequences and Institutional Remedies in South Africa
and Argentina ............................................................................................................................ 10
2.1 Most economists employ a multi-faceted approach by combining insights from three distinct
economic development theories: Institutional economics, Keynesian macroeconomics, and Public
Choice Theory to comprehend how corruption affects economic growth, inequality, and investment
flows. This allows us to assign specific fiscal effects, financial resource flows, economic growth
governance, and socioeconomic causal attributes to the diagram. Using the mind map provided,
how would you categorise and assign specific effects to each economic dimension? ................... 10
2.2 Examine the influence of theoretical perspectives, specifically Keynesian demand-side
economics, institutional economics, and governance theory (Public Choice), on the behaviour of
foreign investors, multinational enterprises, and aid agencies. Assess the subsequent impacts on
national economic growth and development, with specific reference to benefits and risks. Use the
suggested causal attributes and categorizations from question 2.1. 15 ........................................ 12
2.3 Which five economic policies, development planning strategies, or institutional reforms could
be implemented to improve government efficiency, strengthen institutions, and enhance economic
Education is the most powerful weapon which you can use to change the world
PU E
S HI C
NG Y
OU TO THE GATE OF EXCEL L EN
Education is the most powerful weapon which you can use to change the world
,EXCELCENTRE LEARNING INSTITUTE 061 043 9805
WARNING: PLEASE NOTE THAT PLAGIARISM IS A SERIOUS ACADEMIC
OFFENSE, therefore students must use this document ONLY as a guideline. Hence
students have regenerated their own (personalized) solutions paying particular
attention to module contents as prescribed by module facilitators, lecturers and
supervisors. This document’s purpose is to compact all sources of information that
might be relevant to students’ assignments, hence additional knowledge on the
provided information is not restricted by the authors. However, submitting this
document as one’s final work is considered unethical, and students should be
penalized. If this document is plagiarized by the users and fails, EXCELCENTRE
should not be rendered accountable since the contents in this document only give
learners a kick-start on what is expected of them from their areas of
specialty.CAUTION: STUDENTS ARE NOT MANDATED TO USE EVERY DETAIL IN
THIS DOCUMENT IN WRITING THEIR ASSIGNMENT
Education is the most powerful weapon which you can use to change the world
, EXCELCENTRE LEARNING INSTITUTE 061 043 9805
Table of Contents
QUESTION 1 ................................................................................................................................5
Institutional Resilience, Corruption, and Development in South Africa and Argentina .....................5
1.1 Using the Fragile States Index (FSI) and Freedom House indicators, critically compare the
institutional resilience of South Africa and Argentina. Discuss how differences in political stability,
rule of law, and state legitimacy have influenced each country’s long term development path.
Support your answer with reference to at least two specific institutional economic theories. 15......5
1.2 Drawing on the Corruption Perceptions Index (CPI), analyse how varying levels of perceived
corruption in South Africa and Argentina impact government efficiency, public investment quality,
and private sector confidence. In your discussion, explain how corruption can become both a
cause and a consequence of weak institutional frameworks, and relate this to cross-country growth
outcomes. 15 ...............................................................................................................................6
1.3 Compare socio-economic indicators (income inequality, human development) between South
Africa and Argentina. Discuss how institutional weaknesses and governance challenges (as
reflected in the FSI and CPI) contribute to persistent socio-economic disparities and evaluate the
potential role of targeted poverty alleviation strategies in each context. 15 .....................................7
1.4 Evaluate how differences in institutional quality, corruption control, and political freedoms
between South Africa and Argentina shape each country’s capacity to plan and implement effective
long-term development policies. Discuss whether stronger institutions necessarily lead to better
socio-economic outcomes, using evidence from both countries’ recent policy experiences. 15 ......8
QUESTION 2 .............................................................................................................................. 10
Corruption’s Golden Thread: Economic Consequences and Institutional Remedies in South Africa
and Argentina ............................................................................................................................ 10
2.1 Most economists employ a multi-faceted approach by combining insights from three distinct
economic development theories: Institutional economics, Keynesian macroeconomics, and Public
Choice Theory to comprehend how corruption affects economic growth, inequality, and investment
flows. This allows us to assign specific fiscal effects, financial resource flows, economic growth
governance, and socioeconomic causal attributes to the diagram. Using the mind map provided,
how would you categorise and assign specific effects to each economic dimension? ................... 10
2.2 Examine the influence of theoretical perspectives, specifically Keynesian demand-side
economics, institutional economics, and governance theory (Public Choice), on the behaviour of
foreign investors, multinational enterprises, and aid agencies. Assess the subsequent impacts on
national economic growth and development, with specific reference to benefits and risks. Use the
suggested causal attributes and categorizations from question 2.1. 15 ........................................ 12
2.3 Which five economic policies, development planning strategies, or institutional reforms could
be implemented to improve government efficiency, strengthen institutions, and enhance economic
Education is the most powerful weapon which you can use to change the world
