Economic Policies
The CIA World Factbook says: "South African economic policy is fiscally conservative, but pragmatic, focusing on targeting inflation and liberalising trade as means to increase job growth and household income."
Mbeki, as an ANC insider and while president, was a major force behind the continued neoliberal structure of the South African economy. He drew criticism from the left for his perceived abandonment of state-interventionist social democratic economic policies, such as nationalization, land reform, and democratic capital controls, prescribed by the Freedom Charter, the ANC's seminal document.
Read more about this topic: Thabo Mbeki
Famous quotes containing the words economic and/or policies:
“A society which is clamoring for choice, which is filled with many articulate groups, each urging its own brand of salvation, its own variety of economic philosophy, will give each new generation no peace until all have chosen or gone under, unable to bear the conditions of choice. The stress is in our civilization.”
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“To deny the need for comprehensive child care policies is to deny a realitythat theres been a revolution in American life. Grandma doesnt live next door anymore, Mom doesnt work just because shed like a few bucks for the sugar bowl.”
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