« previous next »

Author Question: How can government best promote domestic industry? What will be an ideal ... (Read 88 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?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

bio industry bio industry
The world attempted to deal with Somalia as if it were a real country but painfully learned that Som The world attempted to deal with Somalia as if it were a real country but painfully learned that Som
In this cartoon, Boss Tweed welcomes cholera—a skeletal figure of death carrying a handbag from “Asi In this cartoon, Boss Tweed welcomes cholera—a skeletal figure of death carrying a handbag from “Asi
Nursing Interventions to Promote Effective Health Maintenance Nursing Interventions to Promote Effective Health Maintenance
PV cells have potential for domestic and commercial use PV cells have potential for domestic and commercial use
Under ideal conditions, a single cell of the bacterium E. coli would divide every 20 minutes to ... Under ideal conditions, a single cell of the bacterium E. coli would divide every 20 minutes to ...
Video: Introduction to Epilepsy

For a complete list of videos, visit our video library