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4.1 Case studies on export diversification for selected African countries: Economic Report on Africa 2007
So far, diversification trends in relation to African economies indicate that different countries have achieved varying results. The overall conclusion is that, in general, African economies have failed to make gains beyond their initial positions in the early 1980s. It has also been pointed out that they reacted defensively to the crises that beset them in the 1980s. Their macroeconomic stabilization policies did not create an environment conducive for dynamic response, as a good number of countries in Asia and Latin America were able to do. Their defensive response as seen in the oil factor, perpetuated the status quo and worsened it in some instances. Earlier gains in such countries as Gabon, Nigeria and Sudan were eroded.
4.1 Diversification trends at the regional level: Economic Report on Africa 2007
Figure 4.1 shows three different measures of diversification for African economies as a whole (see Ben Hammouda et al. (2006a) for detailed definition of the indices of diversification). Three concise comments on the general trend of Africa’s diversification experience can be made.

Other stabilization policies Related Articles

4.1 Case studies on export diversification for selected African countries: Economic Report on Africa 2007
So far, diversification trends in relation to African economies indicate that different countries have achieved varying results. The overall conclusion is that, in general, African economies have failed to make gains beyond their initial positions in the early 1980s. It has also been pointed out that they reacted defensively to the crises that beset them in the 1980s. Their macroeconomic stabilization policies did not create an environment conducive for dynamic response, as a good number of countries in Asia and Latin America were able to do. Their defensive response as seen in the oil factor, perpetuated the status quo and worsened it in some instances. Earlier gains in such countries as Gabon, Nigeria and Sudan were eroded.
Policy
Productivity can be improved anywhere, including the board room. Basic policies set in place the mechanisms that control costs up and down the P&L and balance sheet. Be sure those policies serve the organization, and not vice versa.

Michael Moore, Capitalism, and Dead Peasants Insurance
Michael Moore's new movie shines light on corporate insurance practices called Dead Peasants Policies. Learn more about those policies here.
Making Sense of Company Policies
Does your company have policies that are bad for you and for your customers? Here's one small example -- minimum size for credit card transactions -- that illustrates how certain ubiquitous, generally accepted policies can be counterproductive for everyone.

Employee Handbook Red Flags For Multi-State Employers
Basic checklist and breakdown of policies employers need to be aware of and how each state has its own policies set up. Employers need to know, understand and follow all the policies for each state they operate in. This article will make you aware of the different areas in HR and policy that are generally different by state.
Personnel Policies and Procedures for Nonprofit Organizations
Every nonprofit organization should have personnel policies and procedures, in addition to its regular policies and procedures. Policies state what the organization believes in and supports, and reflect those laws they need to adhere to. Procedures are the steps or actions that need to be taken to support a specific policy. This article provides a list of personnel policies and procedures that all nonprofit organizations should have in place.

Health Reform Reduces Health Insurance Options for Youth in Connecticut
The September mandates will decrease the medical coverage alternatives available for those under 19. Across the United States, many private medical insurance carriers appear to have decided not to insure those under 19 who purchase standalone policies after September 22nd. Not all companies have announced their decision on this issue, but many that have are choosing eliminate these types of policies.

Marcus Asay and Economic Development
The economic development next segment comprises varied development programs and policies, which plays a major role in the monetary as well as financial arenas. Basically, fiscal policies have been ascertained as the significant procedures needed to apply for economical planning towards development models.
Positivity and High Performance - Characteristics of High-Performing Business Teams
Enlightened leaders over the past two years became aware of the need for resilience, and restructuring their organizations for a period of survival and stabilization.

Wal-Mart v. Dukes: 7 Employment Takeaways from the Recent Supreme Court Ruling
The recent case of Wal-Mart v. Dukes impacts the way employers address human resources practices, and other HR policies and procedures. Even if a company has recently updated its employee manual and management practices, they should once again review these policies in light of the Supreme Court decision. Here are seven important takeaways.

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