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:
“The economic dependence of woman and her apparently indestructible illusion that marriage will release her from loneliness and work and worry are potent factors in immunizing her from common sense in dealing with men at work.”
—Mary Barnett Gilson (1877–?)
“Unfortunately, we cannot rely solely on employers seeing that it is in their self-interest to change the workplace. Since the benefits of family-friendly policies are long-term, they may not be immediately visible or quantifiable; companies tend to look for success in the bottom line. On a deeper level, we are asking those in power to change the rules by which they themselves succeeded and with which they identify.”
—Anne C. Weisberg (20th century)