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" The main factors behind the stagnation and decline were poor policies — both macroeconomic and sectoral — emanating from a development paradigm that gave the state a prominent role in production and in regulating economic activity. Overvalued exchange... "
Agricultural Incentives in Sub-Saharan Africa: Policy Challenges - Page 31
by Robert Frederick Townsend - 1999 - 191 pages
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Adjustment in Africa: Reforms, Results, and the Road Ahead

World Bank - 1994 - 312 pages
...development paradigm that gave the state a prominent role in production and in regulating economic activity. Overvalued exchange rates and large and prolonged...undermined the macroeconomic stability needed for long-term growth. Protectionist trade policies and government monopolies reduced the competition so vital for...
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Social Spaces of African Societies: Applications and Critique of Concepts ...

Jürgen Ossenbrügge - 2004 - 260 pages
...paradigm that gave the nationstate a prominent role in production and in regulating economic activity. Overvalued exchange rates and large and prolonged...undermined the macroeconomic stability needed for long-term growth. Protectionist trade policies and government monopolies reduced the competition so vital for...
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