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

Large economies of scale, is the industry of electric power on the large e...

is the industry of electric power on the large economies scale

Calculate profit maximizing output level , Qustions: You are the sales ...

Qustions: You are the sales manager at SoftSystem, a dominant firm that produces operating system. The new operating system, Doors XR, has been newly developed. Its demand is e

Price mechanism, discuss the term of price mechanism,give examples to elabo...

discuss the term of price mechanism,give examples to elaborate the concept clearly

Consumer equlbrim, how can a consumer get maximum Equlbrim

how can a consumer get maximum Equlbrim

Pension benefits, Pensions: Pension benefits are paid to individuals who ha...

Pensions: Pension benefits are paid to individuals who have retired from active employment, in order to support themselves in last years of their lives. Pension programs can be spo

Social cost, Social cost: Social cost of production refers to the cost...

Social cost: Social cost of production refers to the cost incurred by a society when its economic resources are used to produce a given commodity. The usage of a society’s res

Is there any relation between inflation and unemployment, Is there any rela...

Is there any relation between inflation and unemployment?  The Phillips Curve was a relationship among unemployment and inflation discovered by Professor A.W. Phillips. He foun

Labour supply, Discuss how the opportunity cost principle influence a suppl...

Discuss how the opportunity cost principle influence a supplier''s decision to supply labour

Mankiw principles of microeconomics 7th edition, Lovers of classical music ...

Lovers of classical music persuade Congress to impose a price ceiling of $40 per concert ticket.

Aggregate supply curve for entire economy, 1. Explain how the aggregate sup...

1. Explain how the aggregate supply curve for the entire economy can be derived under; i. Classical assumption ii. Keynesian assumption 2. Explain how equilibrium can be a

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