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key policies and economic that can cause rapid economic growth in less developed country

key policies and economic that can cause rapid economic growth in less developed country

suppose you have just been appointed to a high level position in the economic analysis unit of the State Department.  The secretary of state has asked you to prepare a memo describing the key policies and economic arrangements that a specific less developed country should follow in order to achieve rapid growth and higher income levels.  During your research, you discover that multiple Christian aid organizations have been working in the country to assist the local population.  Briefly describe your response (2-3 paragraphs).  Be sure to indicate why each factor you mention is important if a nation is going to attain a high level of economic progress.

Using the most recent available rankings of Economic Freedom available at http://www.heritage.org/index/ranking, indicate five of the world’s economies that are the most free. Using textbook information, indicate how income levels and growth rates of freer economies compare with those that are less free.

 

 

 

 

 

 

 

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To: The Secretary of state

From: Hopkins Tom

Date:

Subject: key policies and economic that can cause rapid economic growth in less developed country

            Developing economies faces poverty due to unethical social, cultural and political complexions. A solution to these norms cannot be changed only by economic policies. It is important to determine other incentives that can transform economic policies. Macroeconomic concepts are essential in developing world. Economic growth……………

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