9 Hrs
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عكاظ
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Policies and Their Impact
Clear policy goals—such as protecting consumers, supporting production, or reducing pollution—do not guarantee success. Headline indicators can mask different effects: for example, lower energy use may result from upgrading equipment or cutting production. Policies should therefore be assessed in terms of who benefits and who bears the costs, while tracking their effects on productivity, investment, jobs, and prices rather than relying on a single indicator. The article recommends reviewing policies and adjusting their tools in light of the results, making trade-offs and transition costs clear, and, where necessary, compensating those adversely affected or helping them adapt.
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