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Research Article | Open Access
Volume 10 2018 | None
Economic Policy and Business Environment: A Review of Interactions and Implications
Keshar Lata Sahu, Samata Jain
Pages: 400-406
Abstract
This paper provides a comprehensive review of the interactions between economic policy and the business environment, focusing on their implications for economic growth and development. The paper begins with an examination of the theoretical frameworks of economic policy and the business environment, highlighting key concepts and perspectives. It then discusses the impact of economic policies, such as fiscal, monetary, trade, and sectoral policies, on the business environment, as well as the influence of the business environment on economic policy formulation. The paper also explores the interactions and feedback mechanisms between economic policy and the business environment, including policy responses to changes in the business environment and business adaptations to policy changes. Additionally, it discusses the implications of economic policy for economic growth and development, highlighting both positive and negative impacts. The paper concludes with a discussion on balancing economic policy and the business environment for sustainable development, as well as the challenges and future directions in economic policy and business environment dynamics.
Keywords
Economic policy, business environment, fiscal policy, monetary policy, trade policy, sectoral policies, economic growth, development, sustainability
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