Investor Presentaiton

Appropriate Roles of Government in Economic Development 1. Establish a stable and predictable macroeconomic, political, and legal environment 2. Improve the availability, quality, and efficiency of general purpose inputs, infrastructure, and institutions 3. 4. 5. Set overall rules and incentives governing competition that encourage productivity growth Facilitate cluster development and upgrading Create an explicit, ongoing process of economic change and competitive upgrading which informs citizens and mobilizes the private sector, government at all levels, educational and other institutions, and civil society. CAON Taiwan Presentation 07-31-01 CK 54 Copyright © 2001 Professor Michael E. Porter

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