Activist Policy

(redirected from Activist Government Policies)

Activist Policy

Any policy whereby a government seeks to direct or affect the economy in which it operates. For example, a government may offer a tax credit to homebuyers to stimulate homeownership. Likewise, it may cut taxes to encourage spending or it may increase its own spending to create demand for goods and services. All governments pursue activist policies inasmuch as they seek to encourage growth; however, the term connotes a policy in which the government plays a more direct role. See also: American Recovery and Reinvestment Act of 2009.
References in periodicals archive ?
Despite being surrounded by large and economically powerful 'neighbours' such as Indonesia, Malaysia, Thailand and the Philippines, even Australia and China, Singapore flourishes as a competitor due to its value-added skills base, resident expertise, entrepreneurialism and activist government policies to promote efficiency as well as provide political stability.