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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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what are the costs and consequences of providing the subsidies and welfare?
Problem 1: "The public sector needs to be reformed so as to meet the challenges of the day." With special reference to Mauritius, discuss the challenges that the public sect
State ramsey rule of optimal commodity taxation and the intuition for it
The structural interdependence, in fact, forms the basis for the policy maker's choice behaviour for policy or policy mixes. The spectrum formed by various policy mixes depends on
‘…Policies that promote residential mobility and increase the knowledge of the consumer-voter will improve the allocation of government expenditures in the same sense that mobility
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Q. Example on Uncertainty and the policy process? For example, if it is expected that current government will be replaced in upcoming election, and the next government will be
critically examine the statement that privatization can always decentralize economic power
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