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1. A) Explain whether government should completely pull out of the economy and leave it to the private sector to direct everything altogether? B) Distinguish

1. A) Explain whether government should completely pull out of the economy and leave it to the private sector to direct everything altogether?

B) Distinguish between liberalization and privatization

C) Examine the rationale for privatization of the public sector in developing economies like your own in the late 1980s and 1990s.

D) Considering what has happened in economies that adopted privatization, do you still think that it was a correct decision to privatize?

E) Discuss the role of fiscal policy in economic development

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