Optimal policies and policy regimes generally:
A) require standard approaches.
B) require different approaches in rich and poor countries.
C) have similar results in both rich and poor countries.
D) require the government to be authoritarian.

Question

Quizplus · Accepted Answer

Optimal policies and policy regimes may not be the same for rich and poor countries due to differences in economic structure, resources, and institutional capacity. What works in a rich country may not necessarily work in a poor country. Therefore, policymakers need to consider unique approaches that are tailored to a country's specific circumstances.

Optimal Policies and Policy Regimes Generally