The Essay is an ALTERNATIVE to the business submission. DO NOT do both. Choose ONE of the following essay questions. Answers, with minimum 2,000 words, can use examples from any country to illustrate a concept or argument, provided the examples are relevant.

1. Compare federal and unitary systems in terms of their relative benefits and costs from business’ point of view.

2. Should the state intervene in economic policy and why? Discuss, using examples to support your argument.

3. Governments worldwide have had to deal with challenges in governance and economic recovery in the face of the current pandemic. Use country examples to illustrate and assess how such challenges are handled in a particular national context of government-business relations.