Implementation of economic policy, Microeconomics

Assignment Help:

Implementation of economic policy:

On the ability of civil servants and Government to learn, Government must possess the following qualities to ensure implementation of economic policy efficiently: 

i) Openness in the sense of having wide contact with the people administered; 

ii) A sense of justice, fair play and impartiality in dealing with men and matters; 

iii) Sensitivity and responsiveness to the urges, feelings and aspirations of the common people; 

iv) Securing the honour and dignity of the human being, however, humble he or she might be; 

v) Humility and simplicity in the persons manning the administrative machinery and their easy accessibility; 

vi) Creating and sustaining an atmosphere conducive to development, growth and social change; and 

vii) Honesty and integrity in thought and action. 

The bureaucracy must understand that the purpose of administration is to deliver the benefits of economic policies and not to exist for its own sake.  The widespread poverty and the depressed standards of living among such a large number of people pose a very serious threat to peace as well as socio-economic development. According to Dr. Lando, "What is happening around us shakes our complacency, challenges our faith in human progress and imbues us with an intense feeling of shame, doubt and guilt. In a world where the gigantic scientific and phenomenal technological achievements command our admiration and almost fetish acceptance, we are witnessing an intolerable degradation of man. Our pride in belonging to a generation that for the first time since the genesis of man has set foot on another planet cannot, however, disguise the awful truth that it may be easier to travel to the moon than to erase from the surface of the earth, the image of inevitable poverty, human exploitation, injustice and the degradation of human welfare." 


Related Discussions:- Implementation of economic policy

Strategic planning for enhancing exports, Strategic Planning for Enhancing ...

Strategic Planning for Enhancing Exports: Strategic Planning for Enhancing Exports need to be undertaken at the national level. It is necessary  to undertake a separate and

Explain why each of the following factors may influence the, Explain why ea...

Explain why each of the following factors may influence the own price elasticity of demand for a commodity. (i) Consumer preferences, that is, whether consumers regard the commod

Revenues, Ask qdescribe average and marginal revenue under imperfect compet...

Ask qdescribe average and marginal revenue under imperfect competitionuestion

Export entrepreneurship and use appropriate technology, Export Entrepreneur...

Export Entrepreneurship: This need be developed by providing necessary facilities and making export an attractive and profitable business proposition. In this connection, it

Is there a trade-off between inflation and unemployment, Is there a trade-o...

Is there a trade-off between inflation and unemployment? The Keynesian side posits that policies can indeed be used to stimulate demand - demand-side policies - and those mar

Externalities, What is a negative externality?

What is a negative externality?

Production Posibilities Curve, Define the Production Possibilities Curve an...

Define the Production Possibilities Curve and explain the basic economics concepts using the PPC. Explain the factors tht shift the PPC outwards

Supply function, given the cost function as C=0.3Q3-2Q2+13Q+25,find the sup...

given the cost function as C=0.3Q3-2Q2+13Q+25,find the supply function

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd