Which of the following explains the failure of economic policies in Sub-Saharan Africa?

Question

Quizplus · Accepted Answer

All of the choices contributed to the failure of economic policies in Sub-Saharan Africa. Declining commodity prices in the 1980s reduced export revenues, high foreign debt increased debt servicing obligations, implementation of "economic nationalism" programs reduced foreign investment and hindered economic growth, and maintaining local currencies at artificially high levels made exports less competitive and hurt the balance of trade.

Which of the Following Explains the Failure of Economic Policies