What could be the reason for the ineffectiveness of policy


Problem

In the development of one of the backward areas of Bergengocy, the policy was based on the assumptions of the export-base model. As a result, the basic (export) sectors were supported in the region, with the hope that through the local multiplier effect of export revenues and through the input-output relations between exports and local sectors, it will largely improve the regional GDP and long-term unemployment. On the other hand, the experience of applying the policy is that, apart from the export sector, the region is not really stimulated and a strong multiplier effect is not present in the non-basic activities either. What could be the reason for the ineffectiveness of the policy? What alternative policy interventions would you recommend to promote the development of the region?

Request for Solution File

Ask an Expert for Answer!!
Other Subject: What could be the reason for the ineffectiveness of policy
Reference No:- TGS03357486

Expected delivery within 24 Hours