What is the constraint/problem/friction in improving welfare of the people concerned?

Evaluation: Marking guidlines
1. Should be relevant topic. (5%)
2. Should be well motivated – explains why this is relevant to look at given the context of development. (20%)
3. Analysis and explanation- exposition should be clear. (25%)
4. Data and or examples – should have as much as examples and or data
(15%)
5. Should be well researched. (25%)
6. Is the essay able to reach any conclusion? (10%)
Points to consider (this list of points is suggested, you can format your essay di↵erently.):
1. Introduction: Why is the issue relevant from the perspective of a developing nation?
2. What is the constraint/problem/friction in improving welfare of the people concerned?
3. Description of the major features of the issues you are discussing. Provide data if available.
4. Explanation of the problem.
5. Are there any policy recommendations? If yes, describe them?
6. Conclusion