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economic barriers - Coggle Diagram

- - - - access to healthcare and increase quality of resources and productivity
- - - - Corruption often benefits only a small group of elites.
      - Public money may be spent on wasteful projects like lavish infrastructure.
      - Sectors that benefit the wider public, like education and healthcare, are underfunded.
      - less funding for education and healthcare
  - - - Corruption wastes resources and leads to unfair business practices.
      - Reducing corruption allows businesses to operate fairly, without paying bribes.
      - This cuts down business costs and removes uncertainty.
      - A fairer system attracts more investors, both local and foreign.
- - - - mplementing a progressive tax policy and reducing personal income tax
      - citizens have more disposable income
      - consumer spending increases
      - government generate higher tax revenues over time
      - reduce debt burden
    - - ssue government bond
      - government have to increase government spending
      - spend more on infrasturture
      - spill over
      - increase employment
      - more income
      - higher purchasing power
      - multiplier effect occurs
- - - - implementing anti corruption to improve the effectiveness of public spending and resource management
    - - In many countries with weak institutional frameworks, land ownership rights are unclear or insecure. Strengthening property and land rights can provide the poor with secure access to natural capital, enabling them to generate income and invest in agriculture or small enterprises
- - - - nappropriate governance leads to poor decision-making by the government.
      - Decisions may be made based on political favoritism, not the overall population’s needs.
      - As a result, public funds are often directed toward unnecessary projects.
      - Important sectors like education and healthcare are left underfunded.
  - - - Market Based Policies
        
        Privatisation
        
        Deregulation