« previous next »

Author Question: How can government best promote domestic industry? What will be an ideal ... (Read 89 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?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

A domestic Muscovy Duck with wings outstretched A domestic Muscovy Duck with wings outstretched
Interventions to promote safety for children Interventions to promote safety for children
The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
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
Nursing Interventions to Promote Healthy Coping Styles Nursing Interventions to Promote Healthy Coping Styles
Kyoto Protocol encourages industry to innovate and reduce the level of emissions Kyoto Protocol encourages industry to innovate and reduce the level of emissions
Video: ribosome

For a complete list of videos, visit our video library