Answer the following statement(s) true (T) or false (F)

1. “Dutch Disease” explanations for lack of growth and development account for the quality of resource-rich countries’ institutions.
2. The East Asian miracle describes the rise of the newly industrialized countries in Asia in the 1980s and 1990s.
3. Because of the emphasis on protecting private property, an impartial judiciary, low corruption, and government transparency, good governance is equated with democratic governance.
4. Availability of and access to financial support for LDCs from the IMF is dependent on the conditionality of that support.
5. Official development assistance can be granted directly to a receiving country via foreign embassies.

1. False
2. Fale
3. False
4. True
5. True