Stabilization, Adjustment, Reform and Privatization

A. Transitional Monetary Fund
B. World Bank
C. European Bank for Reconstruction and Development
D. OECD

A. SOEs perform better with competition
B. Successful performing SOEs in Japan, Singapore and Sweden have greater managerial autonomy and accountability than other SOEs
C. SOEs in South Korea and Sweden generally achieve inferior economic results to those in Ghana
D. Financial autonomy is a major factor contributing to SOEs managerial effectiveness

A. national defense
B. an automobile
C. libraries
D. fire protection

A. agricultural bank only
B. urban credit cooperatives
C. mono bank system
D. housing savings banks

A. Japan and Korea
B. Brazil and Argentina
C. Algeria and Yugoslavia
D. Singapore and Malaysia

A. switching spending from domestic to foreign sources
B. devaluing local currencies
C. increase trade restrictions by imposing quota
D. increase government spending

A. full employment and price stability
B. exports minus imports
C. monetary policy offsetting fiscal policy
D. exports equal to imports

I- contributes to low-income countries recovery quickly
II- reduces basis-needs attainment
III- may lead to IMF riots
IV- may lead to the downfall of governments

A. I only
B. II only
C. I and II only
D. I, III and IV only

I. government reducing budget deficts
II. limiting credit creation and liberalizing trade
III. achieving market-clearing price
IV. restraining public sector employment and wage rates

A. I and II only
B. III and IV only
C. I, II , III and IV
D. None of these