Word: sectored
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...spent wildly and badly on crash industrial schemes. Since 1962, he has launched 47 state enterprises that have invaded almost every sector of the economy. All but three of them are deep in the red, and the Kwame Nkrumah Steel Works had to close down after three months because it had used up all of Ghana's scrap iron, its only source of raw material. Government payrolls swelled to an amazing 250,000 people -two-thirds of all salaried workers in Ghana-and corruption was rampant. The wife of one of Nkrumah's Ministers imported a gold-plated...
...would end. Next they pointed out that non-economic factors determine growth. Thus, in addition to the familiar range of economic issues -- industrialization, agricultural methods, sources of energy, the internal market, inflation, balance of payments and soon -- they brought in structural change, land reform, the roles of the public sector and of private entrepreneurship, political development and other social and cultural adjustments required, as Millikan put it, "to reduce the explosiveness of the modernization process." Both economic and non-economic factors were to be subsumed under national development plans. The emphasis on national development was not intended to divorce foreign...
...manicured, watered and maintained by the city as a public facility for whites only. We only hold that where the tradition of municipal control had become firmly established, we cannot take judicial notice that the mere substitution of trustees instantly transferred this park from the public to the private sector...
...There is an increasing dependence on the Federal government to eliminate discriminatory hiring," Alexander said. "Unequal opportunity will be a long time less there are people in the private sector who go beyond the letter of the law, in coming...
...experts feel that public employees cannot be handled by simply barring unions or outlawing strikes. To be sure, the presence of unions fosters strikes to some extent. And the federal antistrike law (unlike New York's Condon-Wadlin Act) has proved highly effective. In light of the public sector's enormous labor growth, however, the experts argue that strong laws alone will no longer do. Sound bargaining and judicious injunctions, they say, are the modern way to help political leaders avoid strikes and aid the public weal...