Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Economic policy efficiently:
The reason for poverty and misery in the developing countries is not essentially the lack of potentialities or resources, human or material, but the under-utilisation of these resources. Today, developing countries are not utilising more than 15 per cent of the potential capacity of human beings, owing to inadequate expertise and deficient systems of public administration. The people inhabiting the developing world expect their governments to pull them out of the morass of distressing underdevelopment. This would be possible, provided the efforts of the governments in the developing countries are comprehensive, and selective. Besides, timely action backed by a strong will and determination at all decision-making and operational levels alone can change the complexion of our socio-economic scene. However, personnel must realise that development must be indigenous and not based on foreign models. After over a quarter of a century's experience and experiments with development models based on Western systems, we find that this model stands as 'the God that failed'. Noble Laureate Ian Tinbergen has said: "The poor countries should reject the aim of initiating Western patterns of life. Development is not a linear process, and the aim of development is not to catch up, economically, socially, politically or culturally. Many aspects of Western life have become wasteful and senseless and do not contribute to people's happiness. For poor nations to attempt to imitate the rich may only mean that they trade one set of problems for another and in doing so discard or destroy much that is valuable in terms of their human resources and values." Thus, the personnel administration must take note of the fact that the final aim of development must be the constant increase in the well-being of the entire population on the basis of its full participation in the process of development and a fair distribution of benefits therefrom.
Consider a hypothetical nation, Solowland, which were in the steady state. We consider a constant return to scale production function based on two production factors, labor and cap
related documents, photos,paper for permission from court etc.
THEORY OF PRODUCTION: Production activities related to goods and services require inputs. Typically, the set of inputs includes labour, capital equipments and raw materials. T
Explain why each of the following factors may influence the own price elasticity of demand for a commodity. The narrowness of the definition of the commodity
Given the following demand and total cost functions for a firm P = 4500 - 0.5Q 2 TC = 1.5Q 3 - 50Q 2 + 1000 i) the marginal profit function
Curvature of the Iso-quant: An iso-qunat is convex to the origin. This is so because as more and more units labour are employed, the producer would prefer to give up less and
Optimum currency area: An optimum currency area (OCA), also known as an optimal currency region (OCR), is a geographical region in which it would maximize economic efficiency
uses of time series in indian economy
When does deadweight loss occur to society? Applying consumer and producer surplus the efficiency costs of a tax: A tax causes a deadweight loss to society, since less the g
disadvantages of monopsony
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd