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What should Near-term goals in the LT/LD action Plan should focus on?

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Final answer:

Near-term goals in the LT/LD action plan should focus on specific action steps that can be taken to achieve the overall goals. These goals should be SMART and broken down into manageable tasks with target dates. Examples include analyzing growth policies, learning from successful countries, and setting a roadmap for the future.

Step-by-step explanation:

Near-term goals in the LT/LD (Long-Term/Large Deviations) action plan should focus on specific action steps that can be taken to achieve the overall goals. These goals should be SMART (Specific, Measurable, Attainable, Relevant, Time-bound), and the action steps should be broken down into manageable tasks with target dates for monitoring progress.

For example, if the overall goal is to improve standards of living in low-income countries, one near-term goal could be to analyze the growth policies of such countries and identify strategies that can be implemented to achieve this objective. Another near-term goal could be to learn from the success of middle-income countries like the East Asian Tigers and their focus on technology and market-oriented incentives.

When setting near-term goals, it is important to assess the current actions and challenges, devise a roadmap for the future, and consider possible targets. This process requires planning and listing each step toward meeting the goals to provide clarity and motivation.

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