In credit policy of a developing country like India, the beneficiaries/receipients from whom the credit is meant,only few big farmers/industrialists avail the same due to stringent rules and regulations attached with it. The banks through whom the credits are supposed to be extended, are generally reluctant to help the poor beneficiaries to avail the benefits. Even they get a fraction of the government aids/grants due to red tapism,corruption embeeded with the existing system.
Developed countries typically have more structured and institutionalized foreign policy processes, often involving extensive bureaucracies, established diplomatic norms, and greater resources for international engagement. In contrast, developing countries may face challenges such as limited resources, political instability, and weaker institutional frameworks, which can lead to more ad hoc or reactive foreign policy decisions. Additionally, developed nations often have more influence in international organizations, while developing countries may rely on coalitions and alliances to amplify their voices on the global stage. These differences shape how each group addresses international issues and pursues national interests.
.High population .Unchecked corruption in government .Poor economic enabling environment .Adoption of inappropriate economic policy measures .Negative attitude towards Technical and vocational studies
because you or roung.
avalibilty of credit and money
Tariff And Import Quota
Varun Gauri has written: 'Immunization in developing countries' -- subject(s): Immunization, Medical policy, Social policy
The Optimum Credit Policy is a policy that is applied if you have a near perfect credit rating. Most people strive for an Optimum Credit Policy.
That is a policy goal of preventing more countries from developing or acquiring nuclear weapons. Michael Montagne
koiowawa ker
V. Vassilev has written: 'Policy in the Soviet Bloc on aid to developing countries'
S. S. Kothari has written: 'New fiscal and economic strategies for growth in developing countries' -- subject(s): Economic conditions, Fiscal policy 'Reform of fiscal and economic policies for growth in developing countries with special reference to India' -- subject(s): Economic policy, Public Finance, Fiscal policy
No I do not. Countries should follow their own fiscal policy
Their industries are too weak to compete in the international market.
advantages of credit policy
Remittances provide the catalyst for financial market and monetary policy development in developing countries. remittances improve credit constraints on the poor, improve the allocation of capital, substitute for the lack of financial development, and thus accelerate economic growth.
W EASTERLY has written: 'LOST DECADES: DEVELOPING COUNTRIES STAGNATION IN SPITE OF POLICY REFORM'
what are the merits and demerits of public policy in a developing economies