Distinguish between interventionist and market-led strategy, Microeconomics

Distinguish between interventionist and market-led strategies of development.

Explanation of interventionist strategy; heavy government involvement in the planning of output, prices and also limits to free trade (and possible references to notable exceptions - for instance Singapore). Market-led strategies commonly focus on reducing/removing barriers and limits on trade and capital, with non-intervention by government as a guiding general principle.

 

Posted Date: 7/11/2013 8:52:18 AM | Location : United States







Related Discussions:- Distinguish between interventionist and market-led strategy, Assignment Help, Ask Question on Distinguish between interventionist and market-led strategy, Get Answer, Expert's Help, Distinguish between interventionist and market-led strategy Discussions

Write discussion on Distinguish between interventionist and market-led strategy
Your posts are moderated
Related Questions

Indifference curves present all possible combinations of market baskets that give the similar level of satisfaction to a person. Indifference Curves 1. Indifferen

Economic Reforms and Reduction of Regional Disparities: Another important objective of development is to reduce regional disparities. Government has been helping the backward

Cost Sharing in Higher Education - Graduate Tax Another commonly suggested measure is to tax the employers employing educated manpower. The case for this method is made on the

Q. Explain about Capital Flight? Capital Flight: A destructive process in that investors (both domestic residents and foreigners) withdraw their financial capital from a countr

why raise MC cost after minimum level ?


Aggregate Supply When referred to in the circumstance of GNP or GDP, aggregate supply refers to the labor and capital needs to proceeds the level of products and services need

Draw an indifference curve for consumption and hours of work. (Hint: in class we discussed indifference curves for consumption and hours of leisure, this is different.)

Inflation-Unemployment Trade-off under Adaptive Expectations : By the late 1960s, the inverse relation between inflation and unemployment as suggested by the Phillips curve was