December 2020
Intermediate to advanced
857 pages
42h 3m
English
Content preview from Business Environment, 4th Edition by Pearson
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Business Environment | 11
Government Eectiveness Risk: This risk is high. The formation of a single
party government has put an end to the coalition era policy paralysis which plagued
the economy for many years. In the country’s federal structure, senior civil servants
are usually professional at work-front, however, those further down the line are
often resistant to change. The privatization programme is continually hindered
by vested interests, not wishing to lose their power over state-owned companies.
The Supreme Court has ruled that the sale of two major oil refineries requires
parliamentary approval, delaying further the privatization. ...
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