You can incentivize the creation of certain types of businesses that aid in the economic development of the country though. Many countries, especially in Asia, have "decided" to become successful producers of industrial goods. For example, the automotive and electronics industry in South Korea were heavily supported by national policy, after the government decided that these areas were critical for the development of the country [0]. This actually worked incredibly well - many companies are still around today (e.g. Hyundai, Samsung, LG).[0] https://en.wikipedia.org/wiki/Five-Year_Plans_of_South_Korea
No comments yet.