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6 Cards in this Set

  • Front
  • Back

private sector development

Donor countries have recognized that in developing countries, _________________ is more pratical and beneficial than large-scale assistance to government.

regulator



overseer

The first warning is that the role of the state as ___________ and ____________ is important more than ever to make sure that undesirable social outcomes including crime, speculation, corruption, and financial crises are averted and prevented from taking root.

True

t/f



The second warning is that people's well-being might be neglected in everyone's struggles to raise social and economic growth. The measurement of people's well-being is still the final goal and the touchstone of a country's progress.

economic growth

has to do with an increase in the production capacity of the economy (i.e., the capability of more goods and services)

economic developments

signifies an increase in economic growth that results in the improvement in people's quality of life, which includes improved access to education, housing, and other basic infrastructure.

Bureaucratic delay

otherwise known as red tape, is one of the barriers to new business creation.