Suppose that you are elected the leader of a small country that has lagged behind the developed world for many years regarding the typical measures

Suppose that you are elected the leader of a small country that has lagged behind the developed world for many years regarding the typical measures of standard of living (GDP, life expectancy, literacy rate, poverty rate). You have at your disposal the ability to engage in both fiscal and monetary policy, meaning that you can control interest rates, money supply, banking regulations, taxation and the government budget.You also have the ability to negotiate trade with other nations. Given the situation, what are some steps you would take to promote economic growth and a higher standard of living in the short-run (less than 5 years into the future)? What are some steps you would take to promote economic growth and a higher standard of living in the long-run