Supply side policy

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Question 19
Hard

Following the implementation of its 'Vision 2020' strategic framework, Rwanda saw its absolute poverty rate decline substantially, alongside significant increases in real GDP per capita. The Rwandan government focused heavily on structural supply-side reforms, specifically targeting ICT infrastructure, human capital development through primary and secondary education, and improving the ease of doing business to attract foreign direct investment (FDI).

AD/AS supply-side policy diagram

Evaluate the effectiveness of supply-side policies in achieving long-run poverty reduction in developing or emerging economies.

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Supply side policy Questions

  1. A Level
  2. /Economics
  3. /Supply side policy