Mixed Economy
Finally, in March 1990 president Mengistu Haile Mariam announced the replacement of Ethiopia's socialist economic system with a mixed economy. Among the proposed changes were that private investors would by permitted to participate in all parts of the economy with no limit on the amount of capital invested.
Read more about this topic: Manufacturing In Ethiopia
Famous quotes containing the words mixed and/or economy:
“Mrs. Finney: Can’t we have some peace in this house, even on New Year’s Eve?
Sadie: You got it mixed up with Christmas. New Year’s Eve is when people go back to killing each other.”
—Joseph L. Mankiewicz (1909–1993)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)