US
Low forex reserves unlikely to allow govt to accelerate economy in near future
Power production will remain sub-optimal due to low forex reserves along with outages
There is need to re-integrate bifurcated companies to yield economies of scale and scope
Whenever market bubbles burst, they create havoc in real economy, affect long-term growth
Are unabated market reforms in the power sector delivering?
Further reforms must be pushed on hopes power system will become efficient
Flexible exchange rate only suitable for countries that have large forex reserves
Forces of globalisation make it difficult for govt to stem dollar’s appreciation
Financial globalisation, capitalist influence raise concerns
There is need to remove institutional bottleneck related to agriculture to tackle stagflation