!!!PLEASE REVIEW THE ATTACHED INSTRUCTION FILE!!!
ENSURE ALL SOURCES ARE WITHIN 60 DAYS!!!Developmental economists are interested in the factors that promote economic growth, particularly how poorer countries can increase per capita income. You will see some policies in this discussion for long-term growth. Some you will recognize as part of fiscal, monetary, and trade policies. For others, there have only been minor references.
Here is a list of policies developmental economists find governments must pursue to promote long-term growth:
Establish a stable and predictable government free of corruption, internal strife, and civil war.
Fund education and infrastructure that private firms will not produce (public goods).
Pursue policies that encourage competition and trade but regulate monopolies and negative externalities.
Establish and protect private property rights.
Maintain a legal system that protects private property and enforces contracts.
Establish an independent central bank that prudently controls the money supply.
Regulate the banking system to protect the public from losses.
Regulate a stock market to provide funds for business and financial stakeholders.
For this discussion, complete the following:
Choose one or two of the standards listed.
Assess how well the US federal government measures up to these standards.
Explain your answer using research or just rely on your experience.
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