Saturday, May 17, 2014

Welfare state Vs Economic Growth; the greatest challenge before new governments

Welfare state Vs Economic Growth has become almost like a Sudoku for all governments across the globe. It is the greatest challenge being faced by all new governments, because expectations of the people will be higher when political/executive changes happen.

When we look at this issue based on just commonsense or layman’s idea, whatever you may call it, both of these should flourish in a mutually supplementary and complementary manner. But unfortunately our experience is exactly contradictory to that. Knowingly or unknowingly a formula evolved in the world , which has put both of these in inverse proportion.

If somebody or some system will be able to solve this Sudoku brilliantly, it would definitely create a new world!  

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