Governmental Economic Policy
A Governmental Economic Policy is a Government Policy that are intended to directly effect its economic system.
- Context:
- It can follow some Economic Pattern, such as Capitalism or Statism.
- It can range from (typically) being Macroeconomic Governmental Economic Policy to being Microeconomic Governmental Economic Policy.
- It can influence Interest Rates.
- It can be proposed by a Global Economic Policy Organization, such as a World Trade Organization or World Bank.
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- Example(s):
- Counter-Example(s):
- See: Government Budget, Labor Market, Nationalization, Wealth Distribution.
References
2013
- (Wikipedia, 2013) ⇒ http://en.wikipedia.org/wiki/Economic_policy Retrieved:2013-12-3.
- Economic policy refers to the actions that governments take in the economic field. It covers the systems for setting interest rates and government budget as well as the labor market, national ownership, and many other areas of government interventions into the economy.
Such policies are often influenced by international institutions like the International Monetary Fund or World Bank as well as political beliefs and the consequent policies of parties.
- Economic policy refers to the actions that governments take in the economic field. It covers the systems for setting interest rates and government budget as well as the labor market, national ownership, and many other areas of government interventions into the economy.