If you'd like to print out this page, click the Print button above. Alternatively, you may click the printer icon on your browser's toolbar, or choose File>Print from the menu.     Explaining Economic Development Institutions matter, but not for everything: the role of geography and resource endowments in development shouldn't be underestimated. Jeffrey D. Sachs. Finance & Development June 2003 v40 i2 p38(4) (2665 words) 1. Why does Sachs think there is too much attention focused on the role of institutions in fostering economic development? 2. Why is geography an important factor in explaining why certain regions and countries are or are not developed? 3. Why is access to resources also important? 4. What other factors help explain why some countries experience more economic development than others?