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

Equilibrium, Equilibrium is explained as follows: Equilibrium is the st...

Equilibrium is explained as follows: Equilibrium is the state in which there are no shortages and surpluses; or we can say that the quantity demanded is equal to the quantity s

Tech, impact of computer technology on nigerian economy

impact of computer technology on nigerian economy

Financial securities, Securitization: A process in that financial relations...

Securitization: A process in that financial relationships (like loans) are converted into financial securities or assets (like bonds) that can be bought and re-sold in securities m

Program spending, Program Spending: Government spending that is undertaken ...

Program Spending: Government spending that is undertaken to provide useful public programs. Program spending includes both transfer payments which are intended to supplement the in

Composite goods, what is the effect on the market for dvd players if the pr...

what is the effect on the market for dvd players if the price of dvd rises

#title.demand and supply ., a. Determine Australia’s market equilibrium ...

a. Determine Australia’s market equilibrium for TV sets. i. (1) What are the equilibrium price and quantity?

Externalities, What are corrective taxes? Why do economists prefer them to ...

What are corrective taxes? Why do economists prefer them to regulations as a way to protect the environment from pollution. Discuss

Cost functions for the electric power sector, Cost Functions for the Electr...

Cost Functions for the Electric Power Sector Scale Economies in the Electric Power Industry Average Cost of Production in Electric Power Industry * Findings -

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