1. South Africa
... controlling government spending through improved efficiencies and the eradication of corruption. If handled well and in a fiscally responsible manner, the programme will go some way towards meeting expectations and providing a necessary stimulus to growth. During 1994 the trade account of the balance of payments deteriorated sharply, mainly due to a surge in imports, while export growth faltered despite the improvement in commodity ... facilities (which are linked to international credit card operations), foreign exchange transactions, foreign loans and trade finance, the arranging of m...
- Word Count: 6046
- Approx Pages: 24
- Grade Level: Undergraduate