introduce uncertainties in attainments of policy
Introduce uncertainties in attainments of policy outcomes, winning of elections, optimistic and pessimistic expectations of agents and relate it to various adjustments and convergences of agenda and the over all impact on the final policy outcome.
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q is heterogeneity the sole cause of conflict of interestsexplain heterogeneity as a cause of variation of aspirations of agents leading to formation
why are markets considered as unsuitable for promoting development the process of establishing a market system frequently includes radical reform
explain how getting right price affected the market for promoting developmentgetting prices right impliesbull abolishing price controls as well as
define the macroeconomic stability in market for promoting developmentmacroeconomic stability implies thatbull tight fiscal policy that is balanced
introduce uncertainties in attainments of policy outcomes winning of elections optimistic and pessimistic expectations of agents and relate it to
illustrate liberalise or open up trade in market for promoting developmentliberalise or open up trade implies thatbull abandoning fixed exchange
what are state approaches to developing the government supposes responsibility for economic planning to attain the best possible utilize of scarce
why do state approaches work into promoting development state planning and intervention is desirable due to the shortcomings of markets the
what is the infant industry argument several governments seek to protect involving industries by premature competition infant industries have
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