Sustainable economic policies Archives

Promoting Growth and Development in a Country – By Dr. Gnana Sankaralingam There are several policies to improve economic growth and development in a country. Different strategies adopted in promotion of growth and development are: aid and debt relief, structural changes in agricultural, industrial and tourism sectors and policies that favour either interventionist approach or market orientated approach. Since all developing countries are different, each would need a particular mix of policies and strategies probably involving both state and markets. But there is no gurantee that what worked in one country will be successful in another. Development often means changing the structure of econmy (balance between primary, secondary and tertiary sectors). Less developed countries have a large primary sector. As economies grow and develop, secondary sector will grow and if the process continues it will be dominated by tertiary sector as in developed states. Aid means transferring of resources from ...

Public-Private-Partnership-PPP – By Oscar E V Fernando PPP is a long-term arrangement between government and the Private Sector Institutions or vice versa to start up a project; it involves private capital financing government projects up-front and then recovering from tax payers and/or from profits of the project-this and many other pacts available may be negotiated and agreed upon by stake holders. It would appear that such a collaboration is like trying to mix oil and water in that the public sector will not have the daring to do business that a private sector has-unless it is a communist regime where daring is replaced by Cohesive Force to push employees to contribute to profit! In such a mix public capital is best utilized for construction and acquisition of equipment and not so much for management; a board with the required expertise will have to consider each project case by case before ...