Thabo Mbeki - Economic Policies

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:

    Society’s double behavioral standard for women and for men is, in fact, a more effective deterrent than economic discrimination because it is more insidious, less tangible. Economic disadvantages involve ascertainable amounts, but the very nature of societal value judgments makes them harder to define, their effects harder to relate.
    Anne Tucker (b. 1945)

    A nation’s domestic and foreign policies and actions should be derived from the same standards of ethics, honesty and morality which are characteristic of the individual citizens of the nation.
    Jimmy Carter (James Earl Carter, Jr.)