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Question:
Describe the main measures of size and/or cutoff point below which economies are classed as small?
In 1982 the Development Committee of the World Bank and the International Monetary Fund "noted the problems of Small Island and landlocked states, and recognized the urgent need to review mechanisms and adjustment prescriptions appropriate to the particular circumstances of such states..." (World Bank 1982).
Show whether small economies have special problems not faced by developing economies that are larger? Do these problems call for special attention?
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externalities produced by a monopolist
The term Public Economics came into existence only in 1960s however a few titleswith nomenclature such as Public Finance had already started covering much ground,which is today cov
critically examine that privatization can always decentralize economic power
critically explain the importance and reasons
Question 1: "A Policy may be defined as a major course of action within a given environment intended to reach a goal or realize an objective." Give an account of the making
With a background from the previous section we now study some of the critical characteristics of policy process. You have already studied earlier various technical theories relatin
3 voters, A, B, and C, will decide by majority rule whether to pass bills on issues X and Y. Every of the two issues will be voted on indiviually. The change in net profits (in dol
As you know, the principal-agent problem stress the effect of asymmetric information between the principal and the agents on economic outcomes, the equilibrium in a principal-agent
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