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Explain how getting right price affected the market for promoting development.
Getting prices right implies:
• Abolishing price controls as well as subsides on fundamentals. Higher prices which deny the very poor access to essentials as like clean water and electricity.
• Privatisation which can result into potential windfall profits to wealthy domestic as well as foreign speculators
• Deregulation which weakens the rules which defend consumers and workers from exploitation and causes environmental through unchecked negative externalities damage.
How did foreign debt arise? Evaluation: Borrowing shows an injection of new resources in the domestic economy and also an opportunity for development. • When borrowed re
What is the difference between absolute and comparative advantage? Difference between absolute and comparative advantage: • Absolute advantage arises while a country or reg
How can the role of government in development be assessed? Increasingly governments are judged through the outcome of their policies within achieving above average development
what are the major socio economic problems of India which hamper the growth and development
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what is money supply
EBV is considering a $10m Series A investment in Newco. Three structures are under consideration: Structure A1: RP ($8m FV) + 10M shares of common; Structure A2: CP ($10m FV
What is meant by the term value tree? Value Tree: A value tree gradually decomposes the overall objectives of a project within more exact objectives which can be agreed through
What is Employment and Unemployment? Employment and Unemployment: Employment: It is the number of people working within the economy. Unemployment: It is the nu
Question 1: ‘The WTO was set up with the intention of regulating international trade between countries'. How successful has the WTO been in attaining its objectives? Questi
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