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:
“Love sits enthroned in Clara’s eyes,
The Graces play her lips around,
And in her cheeks the tendrest dyes
Of lilly mixed with rose are found.
Where charms so irresistless throng
What mortal heart can try resistance?
But ah! her nose is two feet long,
And bids our passions keep their distance.”
—Horace Walpole (1717–1797)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)