Do policies that work in one country always work in another, Ask an Expert

Economics

Do policies that work in one country always work in another?

Less developed countries are similar but diverse in terms of history, institutions, culture and governance and many more.

• There is no one policy that guarantees development

• The efficiency of a specified policy depends on the exact circumstances of country as like the IMF is criticised for a one-size suits-all approach to development policy impressive the similar market orientated rules onto all countries irrespective of local conditions.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9580158

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