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New Institutional Economics (NIE) Reshaped Contemporary Understandings of Economic Development

Question 37

Multiple Choice

New institutional economics (NIE) reshaped contemporary understandings of economic development by ______________.


A) solidifying neo-liberal economic theory as the dominant theory in development economics
B) solidifying Keynesian economic theory as the dominant theory in development economics
C) underlining the relationship between political and economic institutions and developmental outcomes
D) being the most accepted economic policies in the Global South
E) None of the above

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