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Titlebook: African Economies in Transition; Volume 1: The Changi Jo Ann Paulson (Senior Economist) Book 1999 Centre for the Study of African Economies

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Courtroom Power Distance Dynamicsscribed than they have been. Sometimes it is said that the need is not so much for less government as for better government. Extensive state interventions in, and management of, economic life might be desirable, if only their quality were assured. This point glosses the argument only slightly, if, a
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Conclusion: Multifactor Explanations,bjectives. This is common to both socialist and market economies. However, socialist economies are distinctive in their microeconomic objectives and this in turn gives rise to distinctive choices of macroeconomic instruments. The socialist perspective implies suspicion of the market as an allocative
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https://doi.org/10.1007/978-1-137-10029-0reform, particularly in formerly socialist countries such as Ethiopia, has usually led to abandonment of fixed exchange rate systems, often under pressure from donors. It is, obviously, not inevitable that liberalisation should involve the giving up of the fixed exchange rate policy, but there are s
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https://doi.org/10.1007/978-1-137-09516-9other developed and developing countries that privatisation is viable and capable of injecting dynamism into previously . economies, most surveys reveal African privatisation programmes to be narrow in scope, subject to reversal and delay, and extremely limited in their impact as measured by almost
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The Changing Role of the State in Formerly-Socialist Economies of Africanated approach that they had adopted after independence, towards strategies that made better use of market mechanisms, and that strove to reorientate the role of the state in the economy. Many of the stages in these reform programme are similar to the steps taken by the formerly socialist economies
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