Question

In addition to investment in physical and human capital, what other public policies might a country adopt to increase productivity?

Answer 1

Other Public Policies that a Country should adopt to increase productivity:-
1)Government should targets on building reliable agencies that will support small and medium enterprises. 2)Secondly, a country should promote policies that will boost foreign direct investment.
3) Access to education, health care and civil society are also important sectors. Productivity is a reaction of empowerment, and for this reason education is easily over-rated as a benefactor to productivity.
4)Public sector productivity depends on a multi-faceted access involving those relating to human resources, organizational restructuring and those relating to political commitment of those who control public resources.
5)Improving individual productivity and SME innovativeness,and competitiveness.
6) other factors like, national education and science policy, because they are very close with future directions of a country.
7) Development of the creation of wealth that will improve country's competitive advantage over other countries.