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Improving Countries’ Standards of Living

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By the end of this section, you will be able to:
  • Analyze the growth policies of low-income countries seeking to improve standards of living
  • Analyze the growth policies of middle-income countries, particularly the East Asian Tigers with their focus on technology and market-oriented incentives
  • Analyze the struggles facing economically-challenged countries wishing to enact growth policies
  • Evaluate the success of sending aid to low-income countries