Economic Reforms in Africa: A Critical Appraisal

Author(s):  
Adeoye O. Akinola
1998 ◽  
Vol 23 (1) ◽  
pp. 5-8 ◽  
Author(s):  
Jagdish Bhagwati

This paper by Jagdish Bhagwati presents a critical appraisal of India's economic strategy over the last five decades. According to Bhagwati, while India's democratic success has been outstanding, her economics has been a big disappointment leaving the economy in a state of economic backwardness. By 80s⁄ India's economic failure became a classic case study to lean what not to do. Recent reforms, which signal the final discrediting of the failed ideas⁄ have started dismantling the past policies that crippled India's performance. However⁄ Bhagwati feels that the prospects for a complete transition still remain problematic partly on account of the politics of coalitions at the centre and partly because the dissent from the supporters of India's earlier policies may create confusion and delays.


2007 ◽  
Vol 177 (4S) ◽  
pp. 310-310
Author(s):  
Sumit Dave ◽  
Luis H. Braga ◽  
Antoine E. Khoury ◽  
Walid A. Farhat

2007 ◽  
Vol 2007 ◽  
pp. 197-198
Author(s):  
G.L. Moneta
Keyword(s):  

2008 ◽  
pp. 85-105 ◽  
Author(s):  
R. Kapeliushnikov

The paper examines the problem of legitimation of the privatization’s outcomes in Russia and provides a critical appraisal of various political proposals for its resolution. The analysis proceeds from a distinction between two different types of ownership illegitimacy: "definite" and "vague" ones. The paper argues that the "vague" illegitimacy that has evolved in Russia is not an absolute obstacle for economic growth but rather an institutional birth trauma which is common for all post-socialist countries and which could be cured only by piecemeal approaching of relationships between "strong" and "weak" economic actors to principles of fair play.


2012 ◽  
pp. 83-88
Author(s):  
A. Zolotov ◽  
M. Mukhanov

А new approach to policy-making in the field of economic reforms in modernizing countries (on the sample of SME promotion) is the subject of this article. Based on summarizing the ten-year experience of de-bureaucratization policy implementation to reduce the administrative pressure on SME, the conclusion of its insufficient efficiency and sustainability is made. The alternative possibility is the positive reintegration approach, which provides multiparty policy-making process, special compensation mechanisms for the losing sides, monitoring and enforcement operations. In conclusion matching between positive reintegration principles and socio-cultural factors inherent in modernization process is provided.


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