2024, Vol. 7, Issue 1

Economic stability, financial stability, income and wealth redistribution, and full production factor employment are achieved in developed nations. Spend more on infrastructure, intervene in economic and social development, save more, boost private investment, and fight macroeconomic inflation.

Development demands economic development and stability. Economic growth derives from full employment. Prices affect national and personal economies. Economic growth in emerging nations requires stability.

Fiscal policy stabilises prices, employment, and national income during booms and recessions. Anti-competition monopolies and National aggregate demand fluctuations cause economic imbalances.

Privatization began in the UK in the early 1980s and spread to developed and developing nations. Privatization in industrialized nations attempts to diminish governmental engagement in production, boost firm productivity, weaken trade unions, increase share ownership, employee ownership, and political influence.

Emerging market privatization stabilizes and transforms economies. Policies depreciate the currency, liberalize prices, slash government spending, and hurt goods, services, and public institutions. Remove foreign exchange restrictions, liberalize interest rates, eliminate local industry non-tariff protection, strengthen credit regulation, and increase private sector.

Privatization improves efficiency. Private sector productivity and efficiency. Improve manufacturing and distribution to save money.

Global capitalism cannot accept industrialized nation economic crises and capital composition.

Central rentier states can research public spending and economics. Unfettered commodities imports plagued industry and agriculture after the 2003 border opening. Manufacturing generated 1.5% of GDP after 2003, or 9%, notwithstanding earlier rates.