Showing posts from May, 2015

Efficient Governance

In order for the government to be effective over a long term, they need to promote efficient and long term rules, laws, regulations, methods of construction, products and processes. If a system of working is more efficient, government should provide incentive to adopt that system. If something is very inefficient, government should try to restrict the same. For instance, if local industry making electrical products are not able to compete with Chinese prices as China is more efficient, the government should allow Chinese products and not increase duty to assist the local industry. Industry shall itself find their solution or switch businesses. Laws and regulations should not be made to favor any particular corporation. The lobbyists should be informed to display efficiency over alternatives and then ask for a change. Planned, long term thinking instead of short term cost cutting methods should also be adopted, which shall ensure long term sustenance of the land as well as estab