Identify if an institution or development policy work, Business Economics

Assignment Help:

How do we identify if an institution or development policy works?

Institutions and policies have goals. Successful policies and institutions meet stated objectives in a specified time period.

Evaluating the impact of an institution or policy development needs knowing of:

a. The measurement and meaning of development. What type of indicators is use, GDP or Real GDP per person ($ppp), UN MDGs and HDI?

b. That development is a multidimensional complicated procedure.

• Institutions as like government do not work into isolation and cannot bring regarding development alone.

• This is highly unlikely that just one policy is an essential and adequate condition for growth, let alone development.

c. That each country is so dissimilar in terms of factor endowment, infrastructure, culture, social capital and colonial experience and many more that similar given policy will have a different impact into various countries. One size does not suit all.


Related Discussions:- Identify if an institution or development policy work

What are the limitations of comparative advantage, What are the limitations...

What are the limitations of comparative advantage? Limitations of comparative advantage: International trade needs wide specialisation. This can have drawbacks as given b

Payback method to analyse business , The managing director of Christine plc...

The managing director of Christine plc, a company which specialises in acquiring small businesses, has considered the following potential investments. Only one of these investments

Economic growth always benefits an economy, QUESTION a) Explain with th...

QUESTION a) Explain with the use of appropriate techniques how can an increase in investment spills over to other sectors in the economy and what affects the final impact on ec

Ppc, rice donation

rice donation

Oligopolistic competition, Oligopolistic Competition: Two rms are com...

Oligopolistic Competition: Two rms are competing for consumers. They simultaneously decide what quantity to produce. Suppose they have identical cost c, zero xed cost and fa

Demand and supply, discuss the concept of demand for the products that are...

discuss the concept of demand for the products that are being consumed by the different consumers

Explain about theories and models linked to development, Explain about theo...

Explain about theories and models linked to development. • There is no one agreed theory of development. All models, as Rostow, provide an insight in one or two dimensions of t

Implement intellectual property right, Question: a) Distinguish betwee...

Question: a) Distinguish between the orthodox and the heterodox perspectives for implementing Intellectual Property Rights (IPRs). b) Patenting has been subject to much co

Wheeled coach, What is an alternative process strategy to the assembly line...

What is an alternative process strategy to the assembly line that Wheeled Coach currently uses?

American national standards institute - ansi, An organization that manages ...

An organization that manages the creation and dissemination of rules and standards in approximately every U.S. business division. ANSI is also keenly involved in the accreditation

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd