People's Democratic Republic of Ralandia Two Case Studies

Abstract

The following case studies were designed to promote class discussion on economic policy in developing countries. They are problem solving cases, self-contained, and do not require any additional data. There are three components: Ralandia (A), (B), and (C). Ralandai is a fictitious country located on the southeastern coast of Africa. Ralandia (A) gives an overview of the country, and is not in itself a case study. Ralandia (A) together with Ralandia (B) make up the case on Agricultural Policy; and Ralandia (A) together with Ralandia (C) make up the case on Macroeconomic Policy. In approaching the cases, the reader should keep in mind the following questions: what are the problems that exist; what are the factors which affect why certain policies success and others fail; what is the effect of politics on economic policy; and what are the economic implications of political acts?