1)Suppose I am the Prime Minister of a low-income, insular, island country of about 2 million people. What are policies needed to achieve the same economic success of South Korea, rapidly?

2)What are the real-world results of implementing neoliberal economic policies?

3)What economic philosophy does Donald Trump have?

1)There are various policies needed to achieve the same economic success of South Korea rapidly such as there should be simple and lower taxes system, the import and export duties should not be imposed on goods and services, Civil order should be maintained to attract the foreign investment, personal freedom should be there to achieve the economic growth and the infrastructure should be privatized.

2)Implementation of non-liberal policies on the health care sector bought various changes in health care systems. Non-liberal economic policies have major disadvantages on people with disabilities because of their increased needs of healthcare and lower social-economic status. The first country to introduce non-liberal economic policy was chile. The implementation of this policy in the health care sector increased the inequalities in health care and classification of health services. This policy also tends to worsen the quality of healthcare services.

3)The economic philosophies of Donald Trump includes cut in personal and corporate taxes, restructure trade policies, and encourage large fiscal stimulus. The main focus of Trump policy was on infrastructure and defense. The economic philosophies of Trump include cut in the taxes for high income individuals, and increase in the size of economy. The lower income taxpayers have to incur net cost which will increase the income inequality. There is very little impact of these policies on GDP and employment of US economy.