Is there a consensus view on responsibility of government, Business Economics

Assignment Help:

Is there a consensus view on the responsibility of government?

Highly controversial and depends onto your view like to whether markets work. International agencies as like the World Bank and most developed countries are adamant LDC governments accept a markets work laissez faire approach to growth:

• Own and lead the development procedure into own country supported through international community.

• Take action to decrease corruption and the misuse of power for private advantage or advantage,

• Ignore economic activities best undertaken through the private zone

• Make sure stable macroeconomic environment and stable currency to enable and promote private sector

• Collect progressive taxation at rates which do not discourage employees or discourage firms by taking risk for profit

• Give a safety net for those is not capable to take part into a market economy for example disabled

• Make sure political, economic and social stability

• Accurate the worst features of market failure and give public and merit goods for example universal primary schooling


Related Discussions:- Is there a consensus view on responsibility of government

.EXTERNAL ENVIRONMENTAL analysis, Explain for each of the sub-variables the...

Explain for each of the sub-variables the positive or negative implications the environmental factor could have on the cereal category in economis aspects

Supply and demand, how can I show the supply and demand of internet hubs?

how can I show the supply and demand of internet hubs?

Role of trade union in the wage bargaining process, Question 1: a. Desc...

Question 1: a. Describe the role of trade union in the wage bargaining process. b. Formulate a model that tests for the wage gap between union and nonunion earnings in a

The causes and persistence of inflation, QUESTION (a) Analyse the activ...

QUESTION (a) Analyse the activist and non-activist policy makers' choice between implementing a policy rule or a discretionary monetary policy. (b) Explain why the policy ru

What is the social capital, What is the social capital? Social Capita...

What is the social capital? Social Capital: Social capital is related with Putnam: Social capital considers to as features of social life as networks, norms and trust whi

Examine the costs and benefits - shared service model, Explain why Cae...

Explain why Caerphilly are considering this model of service provision Examine the costs and benefits of joining the shared service model. Your answer should cons

Marginal Analysis, A clinic uses doctors and nurses optimally and is servic...

A clinic uses doctors and nurses optimally and is servicing the maximum number of patients given a limited annual payroll. The last doctor hired treated 1,600 extra patients in a

Methods of calculating national income, QUESTION (a) Explain the 3 meth...

QUESTION (a) Explain the 3 methods of calculating National Income? (b) Why do all countries in the world calculate their National Income every year, despite all the difficul

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