ABSTRACT
The developing countries are plagued with a range of economic problems. Some of them are low economic growth, abject poverty, unemployment, moderate to severe inequality in income and wealth, incidence of child labour, inflation, corruption and so on. The governments in these countries undertake a wide set of policies to address the problems. Some of the policies are problem-specific in that they are designed to mitigate the problems directly, whereas others work on them indirectly. However, because different sectors of an economy are interlinked with one another, direct and indirect policies might work on a problem in the opposite directions, thereby leading to mild to moderate effects on the problem.
