What is the relationship between property rights and economic progress? How important are anti-corruption efforts in the effort to improve a country’s level of economic development?

What is the relationship between property rights and economic progress? How important are anti-corruption efforts in the effort to improve a country’s level of economic development? You are a senior

Please answer one of the following questions:

  1.  What is the relationship between property rights and economic progress? How important are anti-corruption efforts in the effort to improve a country’s level of economic development?
  2. You are a senior manager at a U.S. automobile company with the job of deciding whether to invest in production facilities in China, Russia, or Germany. These facilities will serve local market demand.  Evaluate the benefits, costs, and risks associated with doing business in each nation.  Given your answer here, which country seems to be the most attractive target for foreign direct investment?  Why?

Please remember to include an additional source that is not the textbook. Also, remember to comment on at least one other post from your fellow students.