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MERX: An Evolution to a Broader Market (MERX Profile)
MERX: An Evolution to a Broader Market (MERX Profile) “Regardless of the moniker, the majority of government initiative elemental roots can be traced back to the New Public Management (NPM) ideology in which efficiency, accountability, decentralisation and marketisation are the main components or drivers (J.E. Lane, Public Sector Reform: Only deregulation, privatization and marketisation, Public Sector Reform, 1997).

3.0 Community action for decent work and social inclusion: Working Out of Poverty
Global and national strategies for poverty reduction should provide a framework for local strategies to escape cycles of low incomes from work and social exclusion. The ILO has considerable practical experience of community actions that create more and better jobs for women and men living in poverty and improve their chances of securing a life free from deprivation. Much of this work is in developing countries, but these approaches have also proved to be easily applicable in a number of transition and industrialized market economies.

Other market economies Related Articles

Wanted: jobs for Africa’s youth - Diversification
The Youth Employment Network, an alliance of countries initiated by UN Secretary-General Kofi Annan in collaboration with the heads of the ILO and World Bank, recommends that governments diversify their economies and promote sectors that use a lot of workers. Many African economies still rely on the production of one or two primary commodities. They could diversify into processing these commodities or producing light manufactures, as Mauritius has successfully done.
6.0 Constraints to small business growth: Entrepreneurship and Small Business Enterprise Growth in Uganda
We recognise that small business has an important role to play in many economies. We must therefore understand what constrains them to be able to support them. Various studies (Kibera and Kibera, 1997; Thembe et al, 1997; Alila and McCormick, 1994) have enumerated the factors that are generally agreed on as the constraints to the growth of small business especially in the African setting. These include lack of market opportunity, access to finance, enabling environment, market information, and managerial skills. We have submitted that these are important, but probably not the only ones. We think entrepreneurship and culture are more important. We discuss some below.
4.0 Diversification trends in Africa: Economic Report on Africa 2007
The diversification of African economies is one way through which the recent economic growth achievements could be sustained. Africa’s economic transformation can be achieved through both horizontal and vertical diversification. In addition, such diversification will help to build competitive economies that can productively be integrated into the global economy. Diversification is therefore a pre-condition if Africa is to register accelerated development. The scaling-up of current real growth to desired levels and in a broad manner can also be sustained if there is deepening in the diversification of African economies.
5.1 The development model should determine the optimal trade policy: Economic Report on Africa 2007
The two-stage diversification process from economic history has been registered both in open and closed economies. The difference between the two is that the turning point after reasonable and sustainable development has been achieved occurs at a much earlier point for open economies compared to the case for closed economies.
Quote: Taking African products where there’s no bias
While more established economies begin to focus on the revenue potential of emerging economies, many of those emerging economies are also seeing the benefits of selling to each other.
Public Sector Procurement Practice and the Principles of External Economies, Clustering and the Global Value Chain
Can the public sector effectively apply the principles of External Economies to its procurement practice? “External economies of scale (ES) occur outside of a firm, within an industry. Thus, when an industry’s scope of operations expands due to, for example, the creation of a better transportation network, resulting in a subsequent decrease in costs for a company working within that industry, external economies of scale are said to have been achieved. With external ES, all firms within the industry will benefit.” (What Are Economies of Scale? By Reem Heakal, January 2003)

With U.S. Unemployment at 8.1%, Here’s Where to Invest Today.
Economies turn around like ships, not speedboats. Instead of trying to "pick the bottom," why not turn to what's working now. There are many Japanese Yen pairs in the forex market that appear to have bottomed in October.
How to Become a Home Based Travel Agent
The travel industry is the world’s largest market and the experts are saying that it is only going to get bigger. As the baby boomers are reaching retirement age, they are expected to increase their traveling creating a whole new market to the industry. Internationally, as developing countries are growing their economies, more middle-class residents are coming to the travel market creating another new market to the industry.

What if I Get Into a Deal? Where do I Turn?
I am so grateful that my company, which I formed in late 2008, was centered around the premise that there’s strength in numbers. Basically, our strength comes from the large network of fellow entrepreneurs who operate their own businesses under my label. We currently have national coverage and are soon branching out to a few other countries whose economies are similar to the U.S. market.
Is China Running Out Of Our Money?
It's been said that the trouble with collectivist economic approaches, such as socialism and communism, is that, eventually, you run out of other peoples' money. If there's a lesson from the last century of adventures in collective statism, I guess it's that the big collective economies only work for a while, and only if there's a bigger free-market economy out there (like ours has been), cranking out growth and creating markets for the rest of the world....
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