Assignment

In November of 2009 the Chelsea football (soccer) player, Didier Drogba, pledged 3 million pounds to the construction of a new hospital in his home country of Cote d’Ivoire. Suppose the hospital has been constructed

A)  According to the Romer endogenous growth model, how would the new hospital affectoutput growth within Cote d’Ivoire?

B) Using the O-ring model, describe how the new hospital would affect growth

C)What are some human capital specific issues that this hospital would solve?

D) What are some human capital specific issues that could interfere with the effectiveoperation of the hospital?e. Will this project have any effect on inequality in Cote d’Ivoire? Why or why not?