According to the neoliberal policy known as \"shock therapy\", transitional econ

Question

According to the neoliberal policy known as "shock therapy", transitional economies such as Russia were urged to:

tightly regulate the financial sector

rapidly adopt a market system through privatization and price liberalization

increase taxes and public spending to cushion the poor and vulnerable from the harsh effects of privatization.

strictly regulated imports to protect domestic industries from the global economy

Which of the following is NOT true of gender and development?

Despite being a much poorer country than Saudi Arabia, Vietnam has a higher rate of female literacy.

Saudia Arabia's relatively low rate of female literacy reflects attitudes related to a fundamentalist Islamic orientation toward women's roles.

Economists have generally given equal value to women's contributions to society's material output and well being.

The wealthiest core states are in the top 15 rankings of the gender development index.

tightly regulate the financial sector

rapidly adopt a market system through privatization and price liberalization

increase taxes and public spending to cushion the poor and vulnerable from the harsh effects of privatization.

strictly regulated imports to protect domestic industries from the global economy

Explanation / Answer

1. option c is the right answer, increasing taxes will lead to collection of more money which can acts as shock absorber and can prevent poor . because goverment will now have funds to benefit the poor in any possible way

2. option d is the right answer, it is not necessary some of the states with good wealth are poor in gender ratio and they have to work in this side to give equal right to man and women

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