Introduction Policymaking is a very complex process in the United States where it is a combination of different interconnected stages and interaction between different institutions. Therefore, understanding American government is not easy without understanding these stages and interaction of institutions. Usually, policymaking involves four basic and integral stages which are agenda setting, formulation, implementation, and evaluation. If the institutions involved in policymaking are considered,…
Attention all Americans! The time has come to band together become a federalist nation. Help us develop ideas to improve our Articles of Confederation. We need to establish a cooperative government in order to allow all our citizens and states proper representation in our country. Our new federal government must be strong and powerful protecting all our communities and states. We must be able to offer a way to provide financial security, protection of freedom, success of commerce, and establish…
A Foreign Direct Investment (FDI) generally means an investment made to acquire long-term interest in enterprises that operate outside of the economy of the investor. Open economies (like Bangladesh) with a vast workforce and good growth prospects gradually tend to attract larger amounts of foreign direct investment than closed, highly regulated economies. The third world countries are considered the best places for the investors for foreign direct investment. Foreign direct investment has…
Dollarization is the replacement of a countries domestic currency with that of a foreign currency. Dollarization has occurred in several countries including, but not limited to, Panama, El Salvador, and Ecuador. For countries with volatile currencies, dollarization offers them the ability to stabilize their economy. While dollarization has its pros, it is not without its cons, and for Ecuador, this is no exception. In my initial discussion, I believed that dollarization was a positive move for…
I came from, who I’d come to be, what choices I’d made, the relationships I nurtured, and my dreams and goals for the future. Although confidence came slowly and awkwardly, I discovered my desire to contribute to the advancement of public health policies.…
the importance of policy making. Government policies in one way are so grand and effective: with proper implementation, good policies are able to benefit generations after generations as the basic cornerstone of a political entity. Nevertheless, because policies are so powerful, a few nuances implemented by several policymakers in a central bureaucracy might cause devastating effects to the whole nation and the society. While contemporary China benefits largely from its policies like economic…
Understanding comparative public policy One will keep asking why two countries with similar jurisdiction can experience different development processes: one country is well-developed, another one is staggering, hardly developing. Comparative public policy study seems helpful for garnering knowledge in the pursuit of understanding that matter. The area of study has become an important source of answers and solutions for public policy matters, but is not free from a few daunting challenges. In…
Dr.Briggs and class, A policy is a purposeful plan of action or inaction developed to deal with a problem or a matter of concern in either the public or private sector. A policy includes the authoritative guidelines that direct human behavior toward a set of specific goals and provides the structure to direct action, including guidelines to impose sanctions that affect the conduct of affairs. Policies can be determined by the private or public sector that together can have a significant and…
It wasn’t domestic monetary policy: it was pent up frustration due to industries being uncompetitive internationally. Suppressed inflation didn’t help either. For other countries, it was hovering between fixed exchange rates, capital mobility, and having to revalue currencies in order…
conference, which then would lead to further movement away from policies of the Bretton Woods Conference (Kasper, 2014, p.25). The Burgenstock Conference allowed the U.S. to leave the gold standard, which allowed great fluidity in the currency exchange markets. The article then concludes with the movement to begin again to peg currency as the 1960s have begun fading away from memory (Kasper, 2014, p.28). Furthermore, the freedom of foreign exchange markets requires eternal vigilance, as bubbles…