Which of the following policies do you think would be most effective at boosting growth and living standards in the country of your choice over the short run, and long
run? Which policies do you think would be the least effective? Please support your arguments with the modern growth theory as detailed in our textbook.

Suggested policies:

1. Offer tax incentives for investment by local firm
2. Offer tax incentives for investment by foreign firms
3. Give cash payments for good school attendance (improve quality of education)
4. Crack down on government corruption
5. Restrict imports to protect domestic industries
6. Allow free trade (encourage international trade)
7. Give away condoms
8. Stimulate saving
9. Stimulate research and development