Because of the Structure of Government in Many Developing Countries,many

question 135

Essay

Because of the structure of government in many developing countries,many economists who,in Western developed countries,favor activist government policies may well favor Classical laissez-faire policies for the same reasons that early Classical economists did-because they have a profound distrust of the governments.Why do these economists often distrust government officials in countries with developing and transitional economies?

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Definitions:

Unilateral

An action or decision made by one party or nation without the agreement or consultation of others, often in the context of international relations or policy-making.

Sequential

Pertaining to or describing events, processes, or items in a specific order or sequence.

Reciprocal Interdependence

A situation or relationship in which two or more entities depend on each other equally for resources, information, or outcomes.

Silence

The absence of verbal communication, which can be strategic or arise from various situational or psychological factors.