Obviously it is an Economics question. Please wear your glasses before commenting, puppiffy. Anyway...Back to the question. I am an Economics Minor and will try my best (from a Macroeconomic Perspective which probably is the best approach). This seems like a very specific course since I don't exactly know what the terms "state-market relations" and "formal/informal institutions" are. Let's work at it systematically: 1st point: Government is not that strong and the private sector is not that strong. Answer(s): 1) International Loans (since the country's economy is obviously in turmoil, it cannot quite self-finance any operations. 2) Lower Taxes in the corporate sector as well as the (income tax) consumer sector so as to stimulate investment and spending. 3) I am not sure about this but the Keynesian view is that monetary policies work in the short-run hence increase the money supply, which will shift the AD curve to the right in the AS-AD model, and hence increase output in the short run. 4) Since Gov. sector is highly corrupt, it needs a watchdog agency. I am not sure if privatisation initially would help the country.Perhaps later after real GDP is more stable, privatisation will stimulate the economy. 5) Increase in Gov Spending is an expansionary fiscal policy and has the same effect as lowering taxes. 6) Create a centralized Bank. this should precede the expansionary monetary policy mentioned in number 3, of course. And I am not familiar with the policies of SE Asia so just do what seems the most logical. I think the basic point is expanding the Real output/GDP. However, this will result in higher inflation which should be balanced by contractionary monetay policy (but not enough to hamper the increase in real GDP). That's all for now.