Question

ow-income nations have a dilemma as to whether to fix or float. There are many factors that affect their decisions and how effectively they can manage a financial system. Discuss a few of these issues and the factors that play into the success of a policy.

Answer 1

Answer:

PART A

(1) The lack of the needed funds

(2) The lack of the needed expertise

(3) Corruption and misappropriation of funds

(4) lack of political will

PART B

(1) The availability of the needed expertise

(2) The availability of funds

(3) The political will

Explanation: Low-income countries are countries whose income levels are low making them not to be able to meet with the demand of its citizens. Several factors mitigate or affect their decisions and how effectively they can manage Financial situations they include

(1) The lack of the needed funds

(2) The lack of the needed expertise

(3) High rate of corruption and funds misappropriation

(4) The lack of the political will needed to handle such a situation.

The following are factors that play into the Success of policy

(1) The availability of the needed funds

(2) The availability of the needed expertise

(3) The political will.

All these factors are vital to o the success of a policy especially as it relates to Government.