In the book, “Frontiers of Development Economics – The Future in Perspective (2001)” Yusuf and Stiglitz discuss the role of the state in managing and regulating development. Discuss the advantages and disadvantages of state intervention in the economy and options provided in this chapter on the role of the state.

MACROECONOMICS FOR TODAY
10th Edition
ISBN:9781337613057
Author:Tucker
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Chapter20: Growth And Less Developed Countries
Section: Chapter Questions
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In the book, “Frontiers of Development Economics – The Future in Perspective (2001)” Yusuf and Stiglitz discuss the role of the state in managing and regulating development. Discuss the advantages and disadvantages of state intervention in the economy and options provided in this chapter on the role of the state.

 

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