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More specifically, Australia, Singapore and Hong Kong, links to references would be appreciated.

2007-09-23 23:02:01 · 1 answers · asked by Anonymous in Social Science Economics

1 answers

Different goals, different world views and different ideologies.
In Australia, the goal is a stable economy with "full employment", a population that has a relatively good standard of living, a society that is egalitarian and relatively free.

Singapore may want a free society but are not interests in it being egalitarian.

Hong Kong is a centralist economy and policies are not necessarily aimed at stability as prices can be controlled centrally.

2007-09-24 00:35:03 · answer #1 · answered by jemhasb 7 · 0 0

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