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A market intervention is a policy or measure that modifies or interferes with a market, typically done in the form of state action, but also by philanthropic and political-action groups. Market interventions can be done for a number of reasons, including as an attempt to correct market failures , [ 1 ] or more broadly to promote public ...
Instead, the recent focus for industrial policy has shifted towards the promotion of local business clusters and the integration into global value chains. [24] During the Reagan administration, an economic development initiative called Project Socrates was initiated to address US decline in ability to compete in world markets. Project Socrates ...
As an economic doctrine, dirigisme is the opposite of laissez-faire, stressing a positive role for state intervention in curbing productive inefficiencies and market failures. Dirigiste policies often include indicative planning , state-directed investment, and the use of market instruments (taxes and subsidies) to incentivize market entities ...
For example, national governments are unlikely to have the analytical capacity to determine the optimal form of trade intervention. Additionally, the national political process may compromise the government's ability to apply such policies. A government that shift rents from other exporters may invite retaliation in those or other markets. [9]
Job creation and retention through specific efforts in business finance, marketing, neighborhood development, workforce development, small business development, business retention and expansion, [24] technology transfer, and real estate development. This third category is a primary focus of economic development professionals.
In practice, the term business development and its actor, the business developer, have evolved into many usages and applications. Today, the applications of business development and the business developer or marketer tasks across industries and countries, cover everything from IT-programmers, specialized engineers, advanced marketing or key account management activities, and sales and ...
In contrast, others argue that randomized assignment is seldom appropriate to development interventions and even when it is, experiments provide us with information on the results of a specific intervention applied to a specific context, and little of external relevance. [30]
[3] Clinton assigned the project to Gore with a six-month deadline to develop the plan. The National Performance Review (NPR) released its first report in September 1993, listing 384 recommendations. [4] The report was the product of months of consultation with government departments and the White House, consolidating 2,000 pages of proposals. [3]