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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 938 |
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So politicians must arrive at a consensus about the state of the economy fast enough to allow them to move to the next step of the fiscal process – to craft an appropriate action plan and push it through the approval process. This issue has been labeled the decision lag.
Once a problem has been recognized and diagnosed and an action plan has been cobbled together, the next challenge is in implementing that plan...
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This issue has been labeled the decision lag.
Once a problem has been recognized and diagnosed and an action plan has been cobbled together, the next challenge is in implementing that plan. This “implementation†or “action†lag†involves the logistics associated with the policy itself. And upon implementation of the policy there is yet another time factor in play...
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