Report of the twelfth meeting of the technical preparatory committee of the whole
At the heart of the African development perspective laid the desire for deep-rooted structural transformation that made for self-sustaining growth. African countries were rejecting orthodox structural adjustment programmes (SAPs) because they did not remove the structural bottlenecks; that required determined State intervention in the economy. The SAPs assumed that, since conventional instruments, such as the control of money supply, credit exchange, interest rates and trade liberalization had been relevant to well structured economies, they might also produce positive results for the weak and disjointed African economies. They had failed to sustain economic growth, and had instead exacerbated budget and balance-of-payment deficits.
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1991-05
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Online Access: | http://hdl.handle.net/10855/12376 |
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dig-uneca-et-10855-123762018-12-28T15:39:06Z Report of the twelfth meeting of the technical preparatory committee of the whole At the heart of the African development perspective laid the desire for deep-rooted structural transformation that made for self-sustaining growth. African countries were rejecting orthodox structural adjustment programmes (SAPs) because they did not remove the structural bottlenecks; that required determined State intervention in the economy. The SAPs assumed that, since conventional instruments, such as the control of money supply, credit exchange, interest rates and trade liberalization had been relevant to well structured economies, they might also produce positive results for the weak and disjointed African economies. They had failed to sustain economic growth, and had instead exacerbated budget and balance-of-payment deficits. 2011-06-03T21:46:03Z 2011-06-03T21:46:03Z 1991-05 Reports http://hdl.handle.net/10855/12376 eng 1964 14662 6787 7444 14728 6190 9698 9501 10810 6243 10526 12307 11034 7379 48 p. application/pdf AFR Africa |
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Biblioteca de la Comisión Económica para África de la ONU |
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At the heart of the African development perspective laid the desire for deep-rooted structural transformation that made for self-sustaining growth. African countries were rejecting orthodox structural adjustment programmes (SAPs) because they did not remove the structural bottlenecks; that required determined State intervention in the economy. The SAPs assumed that, since conventional instruments, such as the control of money supply, credit exchange, interest rates and trade liberalization had been relevant to well structured economies, they might also produce positive results for the weak and disjointed African economies. They had failed to sustain economic growth, and had instead exacerbated budget and balance-of-payment deficits. |
format |
Reports |
title |
Report of the twelfth meeting of the technical preparatory committee of the whole |
spellingShingle |
Report of the twelfth meeting of the technical preparatory committee of the whole |
title_short |
Report of the twelfth meeting of the technical preparatory committee of the whole |
title_full |
Report of the twelfth meeting of the technical preparatory committee of the whole |
title_fullStr |
Report of the twelfth meeting of the technical preparatory committee of the whole |
title_full_unstemmed |
Report of the twelfth meeting of the technical preparatory committee of the whole |
title_sort |
report of the twelfth meeting of the technical preparatory committee of the whole |
publishDate |
1991-05 |
url |
http://hdl.handle.net/10855/12376 |
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1762934427648786432 |