Appointed economic advisor


Suppose you were appointed economic advisor to a less-developed nation in Africa. The nation seeks to encourage capital formation and wants to increase the rate of savings of its own residents and encourage foreigners to invest in their nation. What role would you assign to property taxes in this nation to achieve its objectives? Additionally, discuss two other features of an economic system that you would recommend this country implement. Explain and justify each choice.

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Finance Basics: Appointed economic advisor
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