Problem
Describe the various laws, policies and institutions of "good" regimes. What are the characteristic features of these regimes, and why are they conducive to growth, prosperity and democracy? Describe why the absence of these "good" institutions is so destructive of economic prosperity, individual well-being and political stability. Describe how an extractive regime be converted into an inclusive one: What are the main impediments, both internal and external, for effective economic and political reform? What are the necessary preconditions, both internal and external, for effective economic and political reform?