Strong Exchange Rate, Development Policies - Micro/Macro Effects - Causes/Effects/Policies Flashcards

1
Q

Micro effects of Intervention Policies/Strategies for Development

A

Allocative inefficiency
Gov failure
X-Inefficiency
Solving Market Failures

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2
Q

Macro effects

A

Growth
Unemployment/Jobs
Income Inequality
Gov Revenue

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3
Q

What are the Interventionist Policies for Development

A

Government Spending - Education, Healthcare, Infrastructure
Managed Exchange Rate Policies
Regulation - Standards/Workers
Nationalisation
Subsidies
Price Controls

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