Chapter 2: National Differences in Political Economy Read the case on Poland (Chapter 2) and Egypt (Chapter 3). Identify the pros and cons of doing business in both countries. Assess whether the...

Total 3 pages, APA style Chapter 2:I copied all stuff, u can find what you need National Differences in Political EconomyLEARNING OBJECTIVESAfter reading this chapter, you will be able to:LO2-1 Understand how the political systems of countries differ.LO2-2 Understand how the economic systems of countries differ.LO2-3 Understand how the legal systems of countries differ.LO2-4 Explain the implications for management practice of national differences in political economy.Ghana: An African DynamoOpening CaseThe West African nation of Ghana has emerged as one of the fastest-growing countries in sub-Saharan Africa during the last decade. Between 2000 and 2012 Ghana's average annual growth rate in GDP was 7.66 percent. In 2011, this country of 25 million people became Africa's newest middle-income nation. Driving this growth has been strong demand for two of Ghana's major exports—gold and cocoa—as well as the start of oil production in 2010. Indeed, due to recent oil discoveries, Ghana is set to become one of the biggest oil producers in sub-Saharan Africa, a fact that could fuel strong economic expansion for years to come.It wasn't always this way. Originally a British colony, Ghana gained independence in 1957. For the next three decades, the country suffered from a long series of military coups that killed any hope for stable democratic government. Successive governments adopted a socialist ideology, often as a reaction to their colonial past. As a result, large portions of the Ghana economy were dominated by state-owned enterprises. Corruption was rampant and inflation often a problem, while the country's dependence on cash crops for foreign currency earnings made it vulnerable to swings in commodity prices. It seemed like yet another failed state.In 1981 an air force officer, Jerry Rawlings, led a military coup that deposed the president and put Rawlings in power. Rawlings started a vigorous anticorruption drive that made him very popular among...