State intervention approaches for promoting development, Business Economics

Assignment Help:

Explain the state intervention approaches for promoting development.

State intervention can result within:

• Large bureaucracies staffed through friends and relatives of the ruling elite

• State rules and regulations which burden business along with paperwork and slow down decision-making. For example, registering a modern business can take a year; importing components requirements a government certificate and promotes a bribe for licence corruption.

• Price rules-regulation distorts prices resulting within a misallocation of resources

• State funding of unsuitable capital projects

• Crowding out private investment like the bulk of accessible domestic savings is assigned by the state

• No profit motive implies no risk taking resulting into minimal product development and innovation.


Related Discussions:- State intervention approaches for promoting development

Government cuts spending, Expansionary fiscal policy happens when the gover...

Expansionary fiscal policy happens when the government cuts spending. How?

Economic health of a nation, Normal 0 false false false ...

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4 a) Many are concerned

Discuss the various ehr strategies for attracting talents, QUESTION Org...

QUESTION Organisations have long been concerned with attracting and retaining talented employees. The primary reason is that they depend on the skills and talent of their workf

Find the conversion order for investors, Consider the following four CP inv...

Consider the following four CP investors: Series A: $5m FV (and 2X liquidation preference) or converts to 5m shares; Series B: $10m FV or converts to 8m shares; Series C:

#title.BUS100., Find 1-3 articles that discuss the competition between Targ...

Find 1-3 articles that discuss the competition between Target and Walmart.

Economic theory, How does economic theory contributes to managerial decisio...

How does economic theory contributes to managerial decisions?

What are the characteristics of the informal sector, What are the character...

What are the characteristics of the informal sector? The characteristics of the informal sector comprise: • working for yourself quite than an employer, • Small scale ent

Explain about the term traditional economy, Explain about the term Traditio...

Explain about the term Traditional Economy. Traditional economy: It is where decisions regarding what, how and for whom to produce are based onto tradition and custom. A

How does resource enhancement improve development, How does resource enhanc...

How does resource enhancement improve development? Enhancements in the quantity and quality of resources increases productivity hence incomes. Enhanced management raises outpu

Cash Rewords, In June, Leslie wins a cash prize of $2,000. She plans to use...

In June, Leslie wins a cash prize of $2,000. She plans to use this money to pay her tuition bill in September. Leslie puts this money in a savings a savings account because her mai

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