A recommended policy for developing countries to stimulate economic growth would be:

Question

Quizplus · Accepted Answer

Encouraging direct foreign investment can bring in new capital, create jobs, and stimulate economic growth. However, it is important for developing countries to ensure that such investments benefit their own economies and prioritize policies that promote national development. Abolishing central banks, more central planning by the government, and expanding employment in state industries are not typically recommended policies for stimulating economic growth as they can often lead to inefficiency, corruption, and market distortions.

A Recommended Policy for Developing Countries to Stimulate Economic Growth