« previous next »

Author Question: How can government best promote domestic industry? What will be an ideal ... (Read 83 times)

frankwu

  • Hero Member
  • *****
  • Posts: 549
on: Jun 30, 2018
How can government best promote domestic industry?
 
  What will be an ideal response?

Question 2

How does the Washington Consensus differ from the Santiago Consensus?
 
  What will be an ideal response?


jackie

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 30, 2018
Answer to Question 1

The key here is to choose positive steps - R&D, training, promoting competition - as opposed to restrictive steps that favor particular firms and create monopolies.

Answer to Question 2

The Santiago Consensus stresses poverty alleviation and the government taking responsibility for poverty alleviation. The Washington Consensus was much more free market based. See the chapter for more details.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Domestic cat Domestic cat
Interventions to promote safety for children Interventions to promote safety for children
This modified model of Easton’s systems theory puts government decision makers as the source of pol This modified model of Easton’s systems theory puts government decision makers as the source of pol
Results from sequential study of two cohorts tested at three ages and at three different points in t Results from sequential study of two cohorts tested at three ages and at three different points in t
In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th
Growth of Government Spending, 1870–2009 Growth of Government Spending, 1870–2009
Video: Neural Reflex Arc Animation

For a complete list of videos, visit our video library