Speculate about the likelihood of success in achieving

Reference no: EM132268445

Discussion Turning to a Market Economy

Many developing countries in the "Global South" turned to socialism in the past as a means to solve their economic problems. Now, in light of the evident failure of socialism, many of these countries seek to create fast growth through the establishment of market economies.

· Select a country in the Global South that has been in the news recently and then visit a reputable website, read a newspaper, or watch a TV broadcast to catch up on the latest events relating to the economic development of the country.

· Next, using the country you researched, identify which of the five (5) market economy policies the country appears to be following. Provide support for this conclusion.

· Speculate about the likelihood of success in achieving a prosperous market economy for the country you researched.

· Next, discuss which of the policies is most effective and least effective for the country you researched. Provide a rationale for your responses.

Reference no: EM132268445

Questions Cloud

Determine the net income for the current fiscal year : Determine the net income for the current fiscal year (FY). Is this income up or down from the prior year? Explain the relevance of changes in net income.

Community being labeled an at-risk community : What are somc of the possible consequences of applying that label? Why is it difficult for many individuals to escape living in such communities?

Discuss the progress iran is making in their attempt : Discuss the progress Iran is making in their attempt to implement a democratic election process.

Continuum of care programs and housing first programs : Continuum of Care Programs and Housing First Programs are two strategies for addressing homelessness in the United States.

Speculate about the likelihood of success in achieving : POL 300 : Speculate about the likelihood of success in achieving a prosperous market economy for the country you researched.

Analyze the factors driving change in the industry : Analyze the factors driving change in the industry. Are there potential changes due to globalization or technology that might alter this industry?

Personalism the better choice : When is it best that Bureaucracy benefits groups and when is personalism the better choice? Give an example

Is fascism effectively a dead ideology : Is fascism effectively a dead ideology? Do the underlying ideas of nationalism or anti-rationalism seem to have any appeal within contemporary society?

What are the symptoms and causes : What are the symptoms and causes; how can it be prevented? How does groupthink relate to the two types of group polarization in decision making?

User Account

All Pages