Public Policy and Economic Growth
Some Insights into the Caribbean Experience
Summary
Chapter 1 examines the relationship between public policy and economic and social outcomes in the Caribbean, identifies some of the many factors influencing the expansion and behavior of the government as well as those areas where state intervention has failed to achieve the desired objectives leaving a stymied functional capability and critical weaknesses in the economic structure, and specifies selected policy areas which must be boldly pursued.
Introduction
Whether it is a command economy, a market economy, or a mixed economy, public policy exerts a crucial influence on the creation and distribution of wealth. But public policy is ...
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