Answer these four questions as comprehensively as possible. Your answers can come from your readings or the Internet, but be sure to cite all of your sources.

Question 1. What steps can governments of developing states take to alleviate the living conditions in their urban areas? And don't say ‘spend more money' unless you can come up with a way for them to raise this money in the first place.

Question 2. What exactly is an institution and why, according to Daron Acemoglu and James A. Robinson, do weak institutions cause some nations to fail?

Question 3. How did the global financial meltdown of 2008 occur and what were its effects on developing countries?

Question 4. What are the most significant risk factors for anyone living on less than $2 a day? Bear in mind that children are more vulnerable than anyone else.