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South Africa has been, for quite a while now, experiencing significant market failure caused by state-owned enterprises (SOEs) falling over their feet to emulate private sector models (at the same time suffering from maladministration, waste, subversion of corporate governance, power struggles and managers caring more for their glamorous images and fringe benefits than service to community). The pressure for SOEs to be genuine development agents hardly came to be, as efforts in this direction were never really enforced. The New Growth Plan (NGP) implicitly and explicitly acknowledges these failures and is in haste to fill the gap by seeking to drive growth in jobs via the creation of new sectors as well as lifting the energy of old, sluggish and declining sectors and industries. It's a race against time. More about this NGP is discussed in the article.

in my article is vividly shown price control. it is connected to low South African electricity prices

The thrust of fiscal policy in South Australia since 1994 towards reduced budget deficits and the elimination of government dissaving (borrowing to fund consumption, mainly salaries) was opposed from the outset from within the ruling alliance, with calls for a larger role for the state in the economy being accompanied by demands for increased government spending and larger deficits. With president Thabo Mbeki 's departure in 2008 brought about in part by the same political elements, there were reasons for believing that fiscal policy might change. But the global financial crisis and the local recession instead took precedence over policy debates within the alliance. Budget deficits rose and interest rates fell, but for cyclical reasons and not ideological pressures.

This article highlights the potential for a new free trade zone containing mostly south and east african countries. Many problems may arise from this new institution, however, these legal and regulatory roadblocks are seen to slow down any chance of a new trade bloc in southern Africa.

The Obama administration wants to complete free trade agreements with south korea, columbia and panama. They hope to create more jobs that were initially lost by foreign competition. The trade agreements will reduce the price of American products and therefore will increase the sales of these american goods. Obama said: "These agreements will support tens of thousands of jobs across the country for workers making products stamped with three proud words: Made in America,"

THE passage this month of free trade agreements may be a victory not only for President Obama, but also for workers in Colombia, Panama and South Korea. Although the anticipated economic consequences of these agreements are small, these pacts also offer a mechanism for improving workers' rights in partner countries.

This article highlights a free trade deal between many south American countries and the united states which apparently will increase labor standards there.