Approx 1000 words:
Provide an analysis of the policy. This should reflect your opinion of the policy: What will be the outcomes of the policy based on your description of the theory and the empirical results? Will it be successful? Are there aspects of your setting that will lead to a more or less effective implementation compared to other similar settings? Are there aspects of your setting that are different from the other papers you read and if so, do you expect these institutional differences to lead to different policy outcomes? You may also wish to suggest ways in which this policy could be improved upon.