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Topic: Does government policies affect economic (Read 272 times)

legendary
Activity: 3108
Merit: 1199
Having friendly policies alone doesn't cut it when it comes to luring investor and huge companies that would make your economy and finance boom, I believe there are many other factors like the country security and other factors that influence investors to make investment and build companies and businesses that would benefit both parties but to a very large scale I believe the policies the country is having is what either draws or chase them in respect of tax payment and other revenue development.
to be fair this is just one part of developing the economy

if the country is trying to attract foreign investors maybe they should start locally first and offer their citizens lots of benefits and friendly policies when it comes to businesses the thing in my country is that it is so difficult to set up a business and run it due to many requirements and tedious processes the worst part is the process is only easy for those with money
As long as you have a sort of stable economy, and proper laws, and no threat, then you are going to be fine with foreign investment. What foreign investment cares is the volatility, so if they invest and laws change which makes them lose money, that is not good for them, so they check your history and if the laws haven't changed in a while, they think that's good.

Also they check if there are any threats, like if any war or civil war could start, which isn't the case for many nations, while we talk as if third world war is starting, we have just four nations involved in big wars, Ukraine, Russia, Israel and Palestine, aside from that we already know the situation in most places, nobody is lining up to invest into south Sudan for example. So for example, if you want to invest in a company at London, you do not really care, because nothing is wrong there at the moment.
legendary
Activity: 1806
Merit: 1437
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The government has the right and power to rule over a particular area so its decision-making is important to the community. If they fail to take action or concern might affect the people in the community. It will create a problem by the overtime that cause more trouble not only to the people currently affected but also to the whole people lives under them. So this is the reason we need to vote for people who really care about serving the community and do not just want to gain power to manipulate the people and do corruption for their own sake of living. In my country, our daily struggle is to have poor rules and regulations come from these people in the government and they are the reason why we didn't grow and become like other nearby countries.
sr. member
Activity: 882
Merit: 215
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It is clear that government decisions can affect the existing governance system, in the economic function in the country and what its impact is? by implementing a feasibility study it is very necessary to first see and review the existing decisions by the government before deciding, and that is indeed a better way in a policy before it is decided.


Even though it exists but it does not have much effect on the growth of BTC prices, my assumption is, it is a common thing because investors always make it a second basis because their main basis for coming to invest is its great potential in the future and as the most attractive choice and certainly a return on capital after they come and invest it.
member
Activity: 484
Merit: 61

Government should been able to go through a feasibility study before they implement any policies because in most cases government policies is what that’s causes paradigm shifts in the economic system.
It is clear that government decisions can affect the existing governance system, in the economic function in the country and what its impact is? by implementing a feasibility study it is very necessary to first see and review the existing decisions by the government before deciding, and that is indeed a better way in a policy before it is decided.
full member
Activity: 2268
Merit: 182
Having friendly policies alone doesn't cut it when it comes to luring investor and huge companies that would make your economy and finance boom, I believe there are many other factors like the country security and other factors that influence investors to make investment and build companies and businesses that would benefit both parties but to a very large scale I believe the policies the country is having is what either draws or chase them in respect of tax payment and other revenue development.
to be fair this is just one part of developing the economy

if the country is trying to attract foreign investors maybe they should start locally first and offer their citizens lots of benefits and friendly policies when it comes to businesses the thing in my country is that it is so difficult to set up a business and run it due to many requirements and tedious processes the worst part is the process is only easy for those with money
hero member
Activity: 952
Merit: 555
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January 30, 2025, 02:45:03 PM
#37
Government should been able to go through a feasibility study before they implement any policies because in most cases government policies is what that’s causes paradigm shifts in the economic system.

This depends on the kind of government in power, their leaders and the main economy policy they are implementing, not all the policies are bad or worse for economy, some could be helpful and caused it to advanced, while the people may not have to totally be inline with what the government have to give, since they know more better and could be able to afford every resources needed for any progressive implementation.
sr. member
Activity: 560
Merit: 365
Pakistan Local Board Request
January 30, 2025, 02:36:20 PM
#36
It is clear that government policies have a major impact on the economy. Feasibility studies before implementing policies are important so that the results do not harm the economic sector. In addition to approaching investors, the government also needs to consider other aspects such as social impacts, people's purchasing power, and balanced fiscal and monetary policies. With good communication between the government, investors, and the community, the policies implemented can be more effective in maintaining economic stability.
I think Economy of any country always depend on the policies set by government and government can change the policies to get taxes from poor people as we know poor and middle class people pay more tax and rich people don't pay tax and that is because they have intelligent mind and they use all the policies of government which are effective for them . Different governments make different policies but that is hard reality that they could not take steps against the business people because business people are producing jobs and they are making the products which are prepared to sell in the foreign country.There are hundred + countries there are politicians who are taking bad steps for the poor people and poor people are becoming more poorer and rich are becoming more richer.
sr. member
Activity: 1414
Merit: 236
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January 30, 2025, 11:34:11 AM
#35
Yes, government policies can affect economic either positive ways or negative ways, any government that want their country to experience positive results from their economic, they will make a policies that will favour or boost their economic for their citizens to feel the positive side of the economic. Any government that will make hard policies to their people, it will be very hard for their people to experience good economic because it will affect the price of goods and services to cause inflation in the land.

If you see any government that is doing well in the economic area, show that their government set up a good policies to help the country to grow financially, materially and development in the country because that is where government use to generate profits to establish different projects in the land.
hero member
Activity: 1064
Merit: 501
January 30, 2025, 11:27:08 AM
#34
For the country's economy to boost, it depends on the kind of policy put in place by the government. Government policy will either attract investors or push them away. That's what government policy does. It brings in or chases away investors. That's the reason why most governments do what it is to give a policy that will be favorably and widely accepted by investors so that it won't chase them away. Instead, it will give them an avenue to excel in their businesses.
full member
Activity: 1018
Merit: 113
January 30, 2025, 10:47:01 AM
#33
the government's rules and policies play a very important role in the economy of a country, so bad policies will affect badly in the economy, and good policies impact will be good that's it. but in my country there are policy issues between the government and the businessman, such as the small profit business government imposed high taxes.
sr. member
Activity: 546
Merit: 268
January 30, 2025, 10:16:30 AM
#32
Government policy can make a huge contribution to a country's economic development, and that contribution can be both destructive and constructive. If I were to describe the issue in the context of my country, Bangladesh, I would say that government policy is definitely responsible for the economic constraints in our country. In my country, corruption in political parties was so rampant that political parties were the biggest obstacle to the country's economic development. The lack of free politics and the undervaluation of the people are one of the main reasons for the economic decline in our country.
full member
Activity: 671
Merit: 104
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January 30, 2025, 07:16:41 AM
#31
It is clear that government policies have a major impact on the economy. Feasibility studies before implementing policies are important so that the results do not harm the economic sector. In addition to approaching investors, the government also needs to consider other aspects such as social impacts, people's purchasing power, and balanced fiscal and monetary policies. With good communication between the government, investors, and the community, the policies implemented can be more effective in maintaining economic stability.
sr. member
Activity: 630
Merit: 352
January 30, 2025, 06:56:55 AM
#30
What is government policy if not how to better the economy and adequately in return improve the lives of her people. Of course the government do this by making yearly budgets where they put the parastals, agencies, foreign policy relationship with other countries in the budget for that fiscal year. Monies agreed in the budget after going through congress or parliament for deliberation and consent is signed out from the government that such monies allocated for those agencies and government organizations be disbursed for the yearly running of them. This is simply how the government policy affect the economy. The planning of the economy comes from the government through their budget allocation. If government wants curtain infrastructure spending or capital projects, it starts from planning it through the budget and it is also same when they want to increase capital projects. Same goes for micro and macro economy support and growth including lian scheme for entrepreneurs and small business start ups.

So government is the economy and whatever policy they take goes directly into the economy. To create robust economy for investment etc comes from government policies.
I like how you summarized the usefulness of government policies and how they can impact positively on the lives of people that are living in their countries. Policy making is one of the primary responsibilities of any government so that they can make budgets to cater for every areas of their economy for smooth running. Without a well planned out budget to execute the government policies that are on ground there won't be smooth running of their economy.

Government policies can affect a country positively or negatively, the positive side is if a government will put square pegs in square holes by implementing effective policies. Meaning that they will make good policies and allocate funds to it inorder to drive their economies to prosperity. But where the politicians are corrupt and will embezzle monies that are meant for projects, the economy will suffer because of lack of funds to execute them.
member
Activity: 502
Merit: 60
January 30, 2025, 03:29:09 AM
#29

The continuity between the Government and Investors lies in operational licensing. When a country government makes it too difficult for investors to enter, the country will experience less economic growth. Investors who have well known brands will find it easier to enter when taxes are low and regulations are light. However for the government it is not beneficial for them because taxes are the main income. As a result this lack of synchronicity creates a bad relationship for Investors.

Of course, all have been studied by investors to see the situation in the country they are going to, in terms of government policies that will be obtained, investors must have thought about it, they have estimated it with quite mature calculations, but countries that apply taxes that are too high will find it difficult to attract investors, and will affect their economy.
full member
Activity: 560
Merit: 161
January 29, 2025, 05:01:36 AM
#28
Policies are everything to economy,  when a good policy is made it can improve the economy and when a bad policy is made it can also affect the economy but our government have every opportunity of making good policies that can help to improve the economy but they neglect it and go for policies which will  be of good benefit to their own pocket. Goverment knows how policies are very important but what they care about is their personal gain that is why any policy that won't be of any benefit to them they do not go for it.
hero member
Activity: 826
Merit: 552
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January 29, 2025, 04:04:14 AM
#27
Take for example, some counties are deeply replying on the importation of some goods meanwhile government can actually sponsor the entrepreneurs or companies of that country to be able to produce that particular goods in their own country, whereby if they produce those goods by their own, it will reduce the cost of importantation. Secondly, some countries have some raw materials which they could refine to finished useful product but because they lack factories to do so, they now need to export the raw materials and later will buy back the finished products and import it.  If the government creates some policies that kicks against importation and encourages the manufacturing of those needed products, it can help the economy grow, but if the opposite happens, we know what's next.
member
Activity: 112
Merit: 61
January 29, 2025, 12:26:00 AM
#26
Government policy really affect the economy of a nation, there are some government policy that prevent people from engaging in some production and this has caused a lot of economic fall, the reason why some government prevent people from such production is so that they could make a lot of profit, and some government allow people but with a high tax, there's a country that the government was allowing people to refine crude oil and it was going smoothly, there was a lot of employment opportunities created there economy was very good so when a new president was elected in that country he stopped all the refinery that was producing kerosene, fuel, diesel etc that made a lot of people to lose there work there by causing economic hardship in the land, the economy of that nation fell, for me I believe when there's hardship and the economy of a nation is bad the government is to be blamed, no matter the situation of a country the government always can do something in other to make things better, bad leadership is what is causing economic fall, a nation that has good government always bring good policy that will favor the nation at large and not a particular set of people.
legendary
Activity: 3108
Merit: 1199
January 29, 2025, 12:19:21 AM
#25
The continuity between the Government and Investors lies in operational licensing. When a country government makes it too difficult for investors to enter, the country will experience less economic growth. Investors who have well known brands will find it easier to enter when taxes are low and regulations are light. However for the government it is not beneficial for them because taxes are the main income. As a result this lack of synchronicity creates a bad relationship for Investors.
Having friendly policies alone doesn't cut it when it comes to luring investor and huge companies that would make your economy and finance boom, I believe there are many other factors like the country security and other factors that influence investors to make investment and build companies and businesses that would benefit both parties but to a very large scale I believe the policies the country is having is what either draws or chase them in respect of tax payment and other revenue development.
This is true, like who would invest into a nation that has a potential to have a civil war? I am not saying many nations have that, but who would do that? There are also a lot of nations in war as well, maybe you would "consider" investing into Israel let's say, but would you invest into Palestine? Of course not, or neither would into Ukraine or Russia neither.

So there are of course stuff that is about like corrupt governments and all that, but there are also a lot of things about how nations could be at war. Corrupt officials isn't really bad for your investment, you would just bribe your way into wealth there, you think all these huge companies do not pay bribery to governments everywhere they go? They totally do, so they are not really worried about corruption at all, they are fine with that and do not really care about it as much as people believe. It's war that they worry about, as long as there are customers for your product, they are fine with the rest.
full member
Activity: 756
Merit: 217
January 28, 2025, 06:06:46 PM
#24
Government policy is the number one thing that contribute for effects of of country economy, because their policy regulates whatever that will enforce the country to be in good condition, because due to policy of a country, that will determine the chances of investors coming to the country to establish, so government policy is the first that investors consider before establishing in their country, so I know quite well that can make investors to come in to invest or they leave the country due to their policies
sr. member
Activity: 1260
Merit: 429
January 28, 2025, 05:48:06 PM
#23
Actually, the government conducts a feasibility study when they want to implement a policy, especially when it is related to the economy, the government will ensure that their decisions are in line with the industry and the people, and will not harm the economy. However, sometimes the government's decision can be based on many things and there are things that sometimes make the decision can be issued in a good and bad way, and therefore the government's decision can benefit the big players, the people, or the government itself.
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