By Dr. Q. Somah Paygai, Sr.Development thinking has moved a long way from the theory that broad economic development is good for all, but few today would argue that the “trickle down” theory works in practice. New Policy ObjectivesIn Liberia’s economic policies and programs for the Pro-poor Policy during the year 2018 and beyond. Economic PrinciplesThree key principles are considered: the familiar “free market:, “export-led” economic growth strategy and “lead-corporate enterprises”. Liberia’s economic development philosophy must be based on free competition among private enterprises. Export-Led Economic StrategyA second principle is to pursue an export-led economic growth and development strategy.

Source: Daily Observer May 11, 2018 02:15 UTC