Implications of failures of policy implementation, Microeconomics

Assignment Help:

IMPLICATIONS OF FAILURES OF POLICY IMPLEMENTATION:

Given the phenomenon of policy failures, as indicated above, one often comes across the view that places the blame for these at the door of policy implementation. This may take the form of faulty, inadequate, high cost, slow and even counter-productive implementation. This leads to non-realisation of the ends of policy with all the costs it entails. Meanwhile, the underlying situation demanding policy intervention may deteriorate. Related to this view is a widespread belief, according to which, while policy formulation, in its intellectual-theoretical base and design, is good, things go sour and haywire at the stage of implementation. It seems to imply that the Indian policy-makers are clever policy formulators, but lack matching implementation capabilities as doers. This creates a chain reaction, affects many other related policies negatively and, make overtime the policy processes in general ineffective. Poor implementation erodes the credibility of both the policies and policy-makers. Of course, the social and economic costs and costs in terms of political legitimacy of frequent policy break-down are simply incalculable. 

This is as much correct for the plans which are in the mixed economy of India, essentially a set of interconnected, naturally consistent and mutually reinforcing policies and programmes. A plan covers in a comprehensive framework many specific policies of varying sweep, like fiscal, monetary, foreign trade, exchange rate, regional balance, social services, employment, industries, agricultural policies, etc. The policy implementation failures, it is clear, make the state stray from the chosen declared path.  


Related Discussions:- Implications of failures of policy implementation

Summary of education and economic development, Normal 0 false ...

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

Revealed preference theory, discuss the revealed preference theory of consu...

discuss the revealed preference theory of consumer behaviour

Long-run behavior, The Long-Run Behavior of Natural Resource Prices Ob...

The Long-Run Behavior of Natural Resource Prices Observations – Exhaustion of copper has increased by a hundred fold from 1880 through 1998 signifying a large increase in

What are economic and social costs of high inflation level, What are the ec...

What are the economic and social costs of high inflation levels? High inflation will have serious redistribution costs; make distortions to the economy; decrease international

Various forms of aid a developing country might receive, What are the vario...

What are the various forms of aid a developing country might receive? Here the student must show clearly the difference between grant (donor) aid; reciprocal (tied) aid; bilat

Measures used to restrict international trade, Measures used to restrict In...

Measures used to restrict International Trade: These are taxes imposed on traded commodities as they cross national boarders. These are two main types of tariffs. An import ta

Ricardo theory of intrnational trade, Meaning of absolute cost difference a...

Meaning of absolute cost difference and comparative cost difference.

Cost Minimization for Cobb-Douglas, 3.Cost Minimization for Cobb-Douglas. S...

3.Cost Minimization for Cobb-Douglas. Suppose the Acme Gumball Company has the produc- tion function of q=LK. Given that the MPL=K, MPK=L and MRT S=MPL/MPK. Part a-b, we are anal

Graphing, I can''t figure out how to graph the aggregate consumption functi...

I can''t figure out how to graph the aggregate consumption function and the aggregate saving function

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