Briefly explain the concept of "The systems approach" explained in chapter 1.
A systems approach focusses on big picture processes and practices. It is like the whole is greater than sum of its parts.
A systems approach combines openess and brings together various stakeholders to create and implement the big initiative. The system is comprised of various simple and complex cohorts which collaborative and come forward for bigger cause.
In economic perspective it integrates public and private sector for common cause and also integrates various countries for the same to make complex problems look simpler to implement .
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