Answer these questions

1. “The Other Half” Please respond to the following:Based on the lecture and Webtext materials, address the following:
According to the World Bank and International Monetary Fund (IMF), over one billion people in the world today are caught in the poverty trap. Identify key economic, social, or political reasons why some people within the developing world live on $1 a day. Next, determine at least three (3) possible economic, social, or political steps that developing countries overall can take to extricate their poor citizens from this dilemma.2. “International Finance” Please respond to the following:Based on the lecture and Webtext materials, address the following:The IMF and World Bank are the world’s two leading lending institutions, but much of their monetary assistance disappears once it enters the banking systems of developing countries. Cite concrete evidence that supports the assertion that much assistance to developing countries is simply stolen by officials. Determine other main factors that account for the misuse of these funds3. “War and Peace” Please respond to the following:Based on the lecture and Webtext materials, address the following:Discuss substantive ways in which armed conflict can contribute to or distract a developing economy and infrastructure. Analyze specific reasons why developed nations do not experience the same kinds of social upheaval. Note: Consider discussing a country you will use for Assignment 1 next week.4. “Institutions” Please respond to the following:Based on the lecture and Webtext materials, address the following:Every country in the world is constructed around the same set of institutional frameworks that differ only in how governments manage them. Identify the specific components of an institution. Next, use two (2) examples of institutions —such as a financial system, a judicial system, or the armed forces — to illustrate what developing countries overall have done to weaken or strengthen such institutions.