ABSTRACT

Economic development in the modern world often proceeds in nationstates which are multi-ethnic and multicultural. A common problem which many of these states face is that the general improvement of economic conditions which comes with development may differ across the various groups within their societies. Some ethnic, cultural, or racial groups may not benefit as much as others, a problem which can easily turn into a major political issue. Even civil wars have broken out over the issue, although these are more the exception than the rule.