Implementation of economic policy, Microeconomics

Assignment Help:

Implementation of economic policy:

On the ability of civil servants and Government to learn, Government must possess the following qualities to ensure implementation of economic policy efficiently: 

i) Openness in the sense of having wide contact with the people administered; 

ii) A sense of justice, fair play and impartiality in dealing with men and matters; 

iii) Sensitivity and responsiveness to the urges, feelings and aspirations of the common people; 

iv) Securing the honour and dignity of the human being, however, humble he or she might be; 

v) Humility and simplicity in the persons manning the administrative machinery and their easy accessibility; 

vi) Creating and sustaining an atmosphere conducive to development, growth and social change; and 

vii) Honesty and integrity in thought and action. 

The bureaucracy must understand that the purpose of administration is to deliver the benefits of economic policies and not to exist for its own sake.  The widespread poverty and the depressed standards of living among such a large number of people pose a very serious threat to peace as well as socio-economic development. According to Dr. Lando, "What is happening around us shakes our complacency, challenges our faith in human progress and imbues us with an intense feeling of shame, doubt and guilt. In a world where the gigantic scientific and phenomenal technological achievements command our admiration and almost fetish acceptance, we are witnessing an intolerable degradation of man. Our pride in belonging to a generation that for the first time since the genesis of man has set foot on another planet cannot, however, disguise the awful truth that it may be easier to travel to the moon than to erase from the surface of the earth, the image of inevitable poverty, human exploitation, injustice and the degradation of human welfare." 


Related Discussions:- Implementation of economic policy

Microeconomics, when the demand function is 2q-24+3p=0,find marginal revenu...

when the demand function is 2q-24+3p=0,find marginal revenue when q=3

Demand and supply, draw the demand curve,when there is rise in the price of...

draw the demand curve,when there is rise in the price of a product on the demand of the product

What do you meant by private equity, Q. What do you meant by Private Equity...

Q. What do you meant by Private Equity? Private Equity: A form of business in which company's entire equity base is owned by one or a small group of individual investors. Under

Game theory, write down the assumotions and importance of game theory

write down the assumotions and importance of game theory

Techniques of manpower forecasting, Normal 0 false false fa...

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Monopsony, advantages and disadvantages

advantages and disadvantages

Market failure, causes of market failure and its solutions?

causes of market failure and its solutions?

Monopsony, disadvantages of monopsony

disadvantages of monopsony

Cost theory, if marginal cost descreases then what else is effected by this...

if marginal cost descreases then what else is effected by this

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