- Any country has access only to a finite amount of funding – mainly via taxes, exports and debt.
- Any country (i.e. its people) would have many needs and wants – which it has to satisfy with this funding. It is here that a Government (representing its people) needs to make some tough choices. This requires a scientific optimisation approach that balances all the competing forces, within the constraints.
- For instance, how much to invest in transportation and in what form of transportation? Look at the state of our railways and the millions of poor commuters who have to suffer the daily agony. Interestingly, this is where the mass voter base is!
Hope there will be light at the end of the tunnel!intangible assets also start placing a financial value on theirs?
