What are the challenges of aligning economic policy with social goals? 🔊
Aligning economic policy with social goals poses several challenges, including balancing growth with equity and sustainability. Policymakers must navigate conflicting interests among various stakeholders, such as businesses, labor groups, and social advocates. Additionally, economic metrics often prioritize efficiency over social welfare, leading to potential trade-offs. Addressing these challenges requires a comprehensive approach that integrates economic development with social priorities, fostering inclusive growth that benefits all segments of society while addressing underlying inequalities.
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