Implementation of economic policies, Microeconomics

IMPLEMENTATION OF ECONOMIC POLICIES:

Innumerable studies are available to  document these failures of policy and planning. However, there are vast differences of opinion concerning whether or what kind of policy or state failure it is. No doubt, in a democracy, as a nation we have not been able to translate the national ideals into reality. It may be mentioned that the better-off sections often misleadingly hold the population explosion and persistence of illiteracy as the culprits for our failures. It does not seem to be understood that this view amounts to blaming the victims of these failures and absolving the beneficiaries of this situation, who, moreover, are in the commanding position. Inability to popularise planned-parenthood and extension of elementary education to all are among the major manifestations and results of our policy and state failure, rather than their causes. 

In this background, this unit throws light on how the policy implementation has been poor in India and consequences and implications thereof. One of the severe consequences is the emergence and flourishing of the parallel economy. Hence, the concept, nature and effects of parallel economy have been discussed in the later part of this unit.

Posted Date: 11/10/2012 5:07:25 AM | Location : United States







Related Discussions:- Implementation of economic policies, Assignment Help, Ask Question on Implementation of economic policies, Get Answer, Expert's Help, Implementation of economic policies Discussions

Write discussion on Implementation of economic policies
Your posts are moderated
Related Questions
Explain the role of managerial ecnomist in kissan &dipsy fro ub group

critically analysis firm theory of profit maximization?

Q. What is Corporation? A corporation is a form of business established as an independent legal entity, separate from individuals who own it. A main benefit, for owners, of thi

Derived demand and Demand schedule: D erived demand is where the demand for a final product leads to the demand for a second product which is used to produce this final p

EMPLOYMENT AND UNEMPLOYMENT POLICY: Engagement of a person in any economic activity is central to the concept of identifying a worker. A worker is one who participates in any

Depreciation: This signifies the loss of value from an existing stock of real capital (for an individual company or for whole economy), reflecting normal wear-and-tear of machinery

(i) How do we measure economic growth and why do we need economic growth? (ii) What can governments do to stimulate economic growth and create jobs? (provide some current exampl

The economy, however, is facing inflationary pressures. To deal with the macroeconomic problem, the government uses expansionary fiscal policy to decrease taxes and, as an indirect

Are markets the best way of solving the basic economic problem? Justify your answer. The core of the economic problem ( who, what, for whom) is something all societies must add

factors influencing the conditions of demand for a given product