Continuous evaluation and adaptation are necessary from "summary" of Economic Development by Michael P. Todaro,Stephen C. Smith
In the process of economic development, it is essential to constantly evaluate and adapt strategies and policies to address changing circumstances and overcome obstacles. This ongoing evaluation allows policymakers to identify what is working well and what needs improvement, enabling them to make informed decisions about where to allocate resources and how to adjust their approach. By continuously reassessing the effectiveness of development initiatives, policymakers can ensure that they are making the most of the resources at their disposal and maximizing the impact of their efforts. This iterative process of evaluation and adaptation is crucial for addressing the complex and dynamic challenges that countries face on the path to economic development. Moreover, continuous evaluation and adaptation help policyma...
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