Way's to improve growth economics | Bitcointalksearch.org

Silberman

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Quote from: crzy on June 05, 2021, 06:17:55 PM

Quote from: worle1bm on June 05, 2021, 10:30:25 AM

Some important point for betterment of economy as suggested by experts:

1) Pay your taxes instead of evading them
2) Relaxation and subsidies to businesses
3)Promote the entrepreneurs in the country to make them unicorn startup
4)More production in the economy
5)Give boost to infrastructure

I am not an economist who can suggest some ways by which government can improve or stimulte their economy as they have experts for that matter but still they are struggling for growth. It's just a discussion nothing else as government's are not going for public opinion on these matters and still do their own wish.

Also vote a government official who will work honestly because even if you’re a good citizen, if the government is so corrupt then its useless. Economic growth is a vert broad topic and there’s a lot of things that need to be considered, this is not easy but if you’re a good citizen you’ll always do your part.

Corrupt governments are a great reason why many countries that should be doing great are in fact greatly underperforming, after all if you see that politicians get rich by holding their offices then what incentive has the average person to work hard when he knows he is basically working for a bunch of thieves? And then when we add that those politicians not only steal the money paid in taxes but they even ask for loans and steal money that it has yet to be earned then this makes the situation even worse, which is exactly what we are seeing with so many countries that are incredibly indebted and have nothing to show for.

Coroline

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In my opinion, to increase economic growth, the Government runs programs that provide profitable opportunities for SME businesses to develop more. Looking at the current situation, it is undeniable that SMEs can increase our economic growth and development. But behind all that, there are still many SME activists who find it difficult to run their business. Therefore, not a few of them have to close their businesses at a relatively new age. The reasons also vary, but the most common thing is the lack of working capital.

paxmao

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Do not die for Putin

Since there is nothing to answer, I am going to run an experiment. I have not clicked any of the links but I am going to guess-summarise what they say just by looking at the outlets you have mentioned:
- Remove tariff and encourage free commerce.
- De-regulate all markets, hiring and working practices, limit to campaign funding by companies,...
- Maintain the status quo of all tax havens.
- Reduce public pensions, make them all private.
- Make all health services private. Remove public health insurance.

Please, let me know if I have guessed at least one of these

GeorgeJohn

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Enjoy 500% bonus + 70 FS

Increasing a country economy come through different form, in sincere manner a country will increase their economy through diversification of their source of income.
So the only remedy i think that will help come up economy is infrastructure, Agricultural Sector, Trading and introduction of skill acquisition and Job Opportunity, this are major factor.
Skill will make people not to depends on government and it will reduce the work load via employment, and this is applicable to other points protray here.

crzy

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Quote from: worle1bm on June 05, 2021, 10:30:25 AM

Some important point for betterment of economy as suggested by experts:

1) Pay your taxes instead of evading them
2) Relaxation and subsidies to businesses
3)Promote the entrepreneurs in the country to make them unicorn startup
4)More production in the economy
5)Give boost to infrastructure

I am not an economist who can suggest some ways by which government can improve or stimulte their economy as they have experts for that matter but still they are struggling for growth. It's just a discussion nothing else as government's are not going for public opinion on these matters and still do their own wish.

Also vote a government official who will work honestly because even if you’re a good citizen, if the government is so corrupt then its useless. Economic growth is a vert broad topic and there’s a lot of things that need to be considered, this is not easy but if you’re a good citizen you’ll always do your part.

Silberman

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The current economic system is flawed as it depends on creating money out of nowhere and steal that wealth from their citizens with most of them not understanding what is happening at all and then give it to the favored members of the political class and do this forever, it is obvious this cannot be in place forever and as such it will fail, now I am not saying this will happen tomorrow as it could take decades before it happens but it is inevitable, which is one of the many reasons why I am in bitcoin.

worle1bm

full member

Activity: 1834

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Some important point for betterment of economy as suggested by experts:

1) Pay your taxes instead of evading them
2) Relaxation and subsidies to businesses
3)Promote the entrepreneurs in the country to make them unicorn startup
4)More production in the economy
5)Give boost to infrastructure

I am not an economist who can suggest some ways by which government can improve or stimulte their economy as they have experts for that matter but still they are struggling for growth. It's just a discussion nothing else as government's are not going for public opinion on these matters and still do their own wish.

just_Alice

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Quote from: mojun7982 on June 03, 2021, 05:48:52 PM

Right but you would also need the medical infrastructure to reasonably organize that. If you are a doctor with no experience and your patient says he feels so much better after taking mushrooms, how can you judge that? There will be many who are going to abuse the system as well. On the other hand you would reduce crime, that's correct. I think after all if alcohol is allowed (which really destroys your brain in no time), it is hard to argue against other (softer) drugs.

Not sure about reducing the crime. In some countries, it has been shown that unlike it was expected, the drug-related crime occurrence didn't significantly decrease after the legislation. But abusing the system of drugs for medical purposes isn't as easy as it may seem. There will be strict protocols, that clearly state under which circumstances and in which amounts certain substances are allowed to be prescribed. And, of course, it can only be done by authorized personnel.

lixer

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Quote from: Iphomme on June 03, 2021, 08:04:42 AM

The following statements below shows the improvement of an economic:

https://www.economicshelp.org/blog/4493/economics/how-to-increase-economic-growth/

https://www.realsimple.com/work-life/money/money-planning/ways-to-stimulate-economy

https://www.forbes.com/sites/garyshapiro/2013/01/23/six-ways-to-create-economic-growth/?sh=54585b1f7e32

Well, I didn’t read all the links you have pasted here, I just went to the Forbes link and clicked on it. The article talks six ways that we can improve our economy and they were accurate about it.

There are lots of things that needs to be done to help the economy of a country to grow, although the article was being specific about the USA, but some of the strategies that the author have mentioned can as well be applied by the government of other countries and they can use those methods to increase their economy’s growth and make their countries a better place. And also doing something about unemployment is very important, people shouldn’t be jobless.

Lorence.xD

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Maybe increase in wages, support in local producers, more taxes for big businesses and a competent and good government will probably do the work. If the economy has a balanced supply and demand with a good surplus of supply,I think the economy will steadily grow.

Xinarae*

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Productivity declines as tax rates rise as people choose to work less the higher the tax rate the more people spend on tax evasion and the less time they spend on productive activities. So the lower the tax rate the higher the value of all goods and services produced tax rates are related to economic growth reducing tax rates will lead to economic growth and prosperity we reduce taxes but almost all the benefits go to the rich because they pay the most taxes. Many unemployed people will find a way to work and the country's economy will improve rapidly.

awik p

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Pepemo.vip

Quote from: Midy on June 04, 2021, 08:44:23 PM

Quote from: pinggoki on June 03, 2021, 02:09:21 PM

Quote from: kolonel_x on June 03, 2021, 12:59:00 PM

can you give a conclusion instead of giving us a link to visit. we want to hear seriously how the economy is improving from different perspectives. We need a narrative to discuss with you. at least give feedback or input that can open your thread.

Maybe I can drop some of my opinions on some or different ways on how we will be able to improve the economic growth of a certain country. The first thing we need to do is to expand the employment of jobs in a certain country in order for them to be more productive at the same time the tax of it will be shortened because the more that the people are employed the more that they will pay taxes and this follows on increasing the real wages wherein the grow of the inflation to the consumers have more disposable to spend and also lowering the interest rates when it comes to the investments and borrowing money of the people.

That is a good way to restore the economy of a country that is currently declining, but the reality on the ground now is the opposite we expect, because the unemployment rate is increasing so that people find it difficult to pay taxes.

taxes play an important role in building a country, we know from taxes can be used to improve various sectors in a country. but the problem is that right now is the pandemic season, and many companies are bankrupt, so there is a lot of unemployment, and it seems the government is always looking for new land to get taxes.

Midy

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Quote from: pinggoki on June 03, 2021, 02:09:21 PM

Quote from: kolonel_x on June 03, 2021, 12:59:00 PM

can you give a conclusion instead of giving us a link to visit. we want to hear seriously how the economy is improving from different perspectives. We need a narrative to discuss with you. at least give feedback or input that can open your thread.

Maybe I can drop some of my opinions on some or different ways on how we will be able to improve the economic growth of a certain country. The first thing we need to do is to expand the employment of jobs in a certain country in order for them to be more productive at the same time the tax of it will be shortened because the more that the people are employed the more that they will pay taxes and this follows on increasing the real wages wherein the grow of the inflation to the consumers have more disposable to spend and also lowering the interest rates when it comes to the investments and borrowing money of the people.

That is a good way to restore the economy of a country that is currently declining, but the reality on the ground now is the opposite we expect, because the unemployment rate is increasing so that people find it difficult to pay taxes.

Scripture

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Quote from: hannahB4 on June 04, 2021, 11:58:23 AM

I really enjoined the first article, it really broadens the concept of growth in an economic way and the way to go there about but we all know that all those are theory we need to bring it to the practice especially the issue of gross domestic product in the economy.

I’m thinking if the government officials read these kind of articles because seriously, an ordinary individual can’t influence the economy and the growth will always depend on how the government handles everything from a farmer up to the big industries, it matters. We can just simply buy local products but is that really effective for the growth of economy? We should think beyond that.

clint25n

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Quote from: passwordnow on June 03, 2021, 01:40:08 PM

Quote from: kolonel_x on June 03, 2021, 12:59:00 PM

can you give a conclusion instead of giving us a link to visit. we want to hear seriously how the economy is improving from different perspectives. We need a narrative to discuss with you. at least give feedback or input that can open your thread.

I agree, most people in here don't want to click a link that's redirecting us to another website. OP, you can consolidate the information that are on those websites and have it merge on this thread so that it's easier to read and one can already see the point of the thread that you've made. No one or if there is, only a few would like to go through those websites and read it one by one without you starting the thread that you've made. It should start with you if you want to make a really meaningful discussion about the topic.

yes, that's right...he should be able to draw conclusions from his article, discuss the important points in it..not most of them are lazy to open links which in my opinion are too many..I myself am not interested in reading it on another link... .

uneng

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Quote from: Hydrogen on June 03, 2021, 04:20:50 PM

Economic growth is dependant on productivity. Productivity is dependant on innovation and scientific advancement.

In practice the way this works is if one farmer can farm 5 acres of land. The introduction of horse drawn plows may have allowed him to farm 10 acres of land. With the development of petroleum fueled tractors allowing one farmer to farm 50+ acres of land. Growth and expansion of science and technology, boost productivity. Which in turn boost the economy.

I think this is the most important factor when talking about economical growth. Technology allows humans to do more in less time, for a cheaper price (less effort is included) and in a more sustainable way on long run. Or being more strict, the economy isn't growing at all, what happens is that the resources are being used more efficiently. If we check, people nowadays are so poor like people from past ages, with the difference we have technology now, which becomes popular within time as it is upgraded.

Quote from: Hydrogen on June 03, 2021, 04:20:50 PM

I think spain or portugal (perhaps both?) are known for having success with drug decriminalization.

The cost of drugs and weed can also decrease once they become less regulated. Which can de incentivize drug dealers from being in a business where their profits plummet.

The effects of drugs glamourization we will see on practice in few decades. In my opinion people should be more careful of what substances they put inside their bodies.
To develop technology and achieve scientific advancement people need to have a healthy mind, body and spirit. Drugs lead directly to the opposite way of this, what can weak or slow down improvements on this field, impacting the world negatively futurely.

hannahB4

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I really enjoined the first article, it really broadens the concept of growth in an economic way and the way to go there about but we all know that all those are theory we need to bring it to the practice especially the issue of gross domestic product in the economy.

kolonel_x

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Quote from: pinggoki on June 03, 2021, 02:09:21 PM

Maybe I can drop some of my opinions on some or different ways on how we will be able to improve the economic growth of a certain country. The first thing we need to do is to expand the employment of jobs in a certain country in order for them to be more productive at the same time the tax of it will be shortened because the more that the people are employed the more that they will pay taxes and this follows on increasing the real wages wherein the grow of the inflation to the consumers have more disposable to spend and also lowering the interest rates when it comes to the investments and borrowing money of the people.

very true, but it applies to both developing and developed countries. As for a lagging country like Venezuela, the most important thing is to improve a government system that really has a high level of innovation from an economic perspective. empowering the community and also managing existing resources to ensure prosperity. in order to meet their needs must be increased gradually.

what you said I totally agree, that citizen-first work is more important than anything else. because it is the key to improve the community's ability to face increasingly fierce economic competition.

Fesatmas

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Quote from: zanezane on June 04, 2021, 01:58:31 AM

For me, to improve the economy, the country must have a really strong and good leadership that is taking the public's interest before anything else and they also should support their local businesses, produces and workers before anything else.

more precisely, the most basic is a leader who really knows the potential of state land and the people's desire for economic growth in terms of material that can be developed. and also like the local government must work together with the community to make agreements based on the potential of industries that can be managed from simple things such as cottage industries. because there is actually a lot of potential that can grow the economy of a country if all can understand the geographical potential of the surrounding environment and utilize the available natural resources.

anu1908

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Quote from: Poker Player on June 04, 2021, 02:45:26 AM

Reduce government, reduce regulations, leave people to fend for themselves.

is there an example? with a lack of regulation a big player can easily control the market and then small business would get threatened every day. everyone need a job to work on so if government don't participate at all, that would be hard. i think balance and context is the most important.

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