African Entrepreneurship Records 2

Chapter 1107 New Economic Policy

The Huai cuisine that Pruss Wang mentioned, that is, Huai'an cuisine, is actually an important part of Huaiyang cuisine in the previous life. In fact, the history of the formation of the four major cuisines of the Far East is not long. Of course, this is relative to the long history of the Far Eastern empire. After all, the four major cuisines were formed in the Qing Dynasty.

Huai'an cuisine occupies an important position in the domestic cuisine of East Africa, mainly because the Far Eastern Empire introduced many Huai'an immigrants. The immigrants of East Africa in the Far Eastern Empire were mainly concentrated in the Huaihai area. The name alone shows that Huai'an is inseparable from the Huaihai area. The father of Pruss Wang was from Huai'an Prefecture, and Pruss Wang was actually a native East African.

Anka nodded and agreed to the master's teachings, "I will definitely not embarrass the master. Although my cooking skills are not very good, they are good enough. After all, from the beginning I did not intend to get involved in the high-end market, but to start with the needs of ordinary people. This cooking skill is enough."

Prus Wang: "It's good that you have this understanding. In fact, your cooking skills are not too bad, but they are not good enough in a place like the Berlin Hotel where there are many hidden talents. So it may be more suitable for you to go out and explore..."

A week later, Anka's small restaurant was successfully registered. His restaurant is located not far from the Provincial Hemp Spinning Factory No. 2, which is actually his parents' residence. When they heard that their son was going to open a store, Anka's parents actually disagreed. However, Anka insisted on doing it, so Anka's parents could only "support" him. As a worker in the hemp spinning factory, his mother could help with publicity, and his parents could also help out after get off work.

……

In Harare, there were many people who held the same idea as Anka. All of a sudden, a large number of photo studios, tailor shops, restaurants, and hotels appeared in Harare. Some people even had the financial means to set up large-scale small factories.

The city of Harare is just a microcosm of many cities in East Africa. The economic reform of the East African government this time involves many inland areas, and the private economy has rapidly emerged in East Africa for a time.

The characteristics of these private enterprises are that they are small in scale and numerous in number. Some of them even have no employees, and the boss has to perform multiple duties, making them self-employed individuals.

This was accompanied by the expansion of administrative departments such as the East African Revenue Authority, Police Department, and Fire Department, mainly to cope with social unrest that might be caused by lack of management during the early economic transformation.

Ernst stressed to government officials at the economic conference: "Reforms must be carried out step by step. Liberalization does not mean disorder. Of course, the initial policy should be relaxed. As long as it does not go too far, we can turn a blind eye. But turning a blind eye does not mean inaction. We must sum up experience and lessons, and then standardize step by step in the future."

"Our bottom line is to prevent large-scale criminal activities. If someone exploits legal loopholes, we will record them first and patch them up next time."

Ernst was well aware that the new economic policy in East Africa at the current stage would inevitably give some speculators opportunities to take advantage, but there was nothing that could be done about it.

In the past, the Soviet Union and the Far Eastern Empire encountered similar situations, but the Soviet Union and the Far Eastern Empire made different choices, which led to two different results. However, the early stages of economic reforms in both countries can be described as a collapse of social order.

At this point, it is almost unavoidable, so Ernst does not have high expectations for the East African government. As long as it maintains general stability, it can be sorted out slowly in the future.

After all, East Africa's national conditions are different from those of the Soviet Union or the Far East Empire in the past. There is no interference from external forces in East Africa, so the East African government has plenty of time to slowly adapt to social changes.

Today, the world is diversified. European and American countries are preoccupied with their own affairs, and other countries are even less likely to provoke a big country like East Africa. Therefore, the external conditions for the implementation of the new economic policy in East Africa are far better than those of the Soviet Union and the Far East Empire in the past.

Ernst said: "State-owned enterprises must also be prepared. Now that some markets have been liberalized, some economic sectors that were originally monopolized will no longer be monopolized. At the same time, they will face competition from private enterprises. Therefore, some state-owned enterprises will also have to make reforms to adapt to the market, especially some non-key industries."

Non-key industries are non-key industries that are not related to the lifeline of the national economy. Although the new economic policy is implemented, the dominant position of East African state-owned enterprises and collective enterprises in the East African economy cannot be replaced. "The State Planning Commission must also make corresponding adjustments. For non-planned economic entities, they can also be guided in the form of policies to promote the healthy and reasonable development of our country's industries. This does not reduce the authority, but puts higher requirements on our capabilities and qualities."

The previous planned economy did not actually disappear in the Far Eastern Empire, but it had an impact on the country's economic development in other forms, but it went through a long period of trial and error.

The same is true for East Africa. This new economic policy is actually paving the way for exploring the economic development model in East Africa in the future. It also means that the East African economy is once again beginning to transform.

This kind of transformation is actually relatively unfamiliar to the East African governments, including Ernst. However, Ernst has experience in his previous life, so he is still confident in the implementation of the new economic policy.

If the economic system really becomes rigid, it will be difficult for East Africa to turn around, and it will only repeat the mistakes of the Soviet Union.

Moreover, Ernst chose a relatively good time to carry out economic reforms in East Africa. During this period, the smoke of war had already begun to be faintly revealed over Europe. Ernst could not confirm other places, but it was certain that the actions of the Balkan countries against the Ottoman Empire had begun in full swing.

So starting from next year, the attention of European countries will be focused on the Balkan Peninsula, and when the war in the Balkan Peninsula is over, a full-scale war in Europe may not be far away.

Therefore, in the next five or six years, no matter how the East African governments deal with domestic affairs, it is impossible to attract interference from external forces, which will greatly ease the pressure on East Africa to implement new economic policies.

Moreover, the outbreak of war in Europe will inevitably lead to prosperity in the international market, which is also beneficial to the development of East Africa's new economic policy. After all, economic development can cover up many problems. If war breaks out in Europe, East Africa's domestic economic reforms, whether good or bad, can be compensated in the international market and will not delay East Africa's economic development.

Therefore, the next few years will be an important period of opportunity for the economic development of East Africa. If the total war in Europe develops as it did in the previous life, East Africa will not have to worry about economic problems for at least ten years.

Even if the European war ends, Europe's reconstruction will be able to continue to maintain the hot international market in a short period of time. After the boom of the war economy is over, it will not be too late for East Africa to make corresponding adjustments.

At this stage, what Ernst is most worried about is that the implementation of the new domestic economic policy may cause unrest in the domestic social order, so East Africa will expand the power of the police and other administrative departments to crack down on illegal and criminal activities with serious behaviors and consequences.

……

As the new economic policy was promoted, it did cause great trouble to the management of East African countries. People died for money and birds died for food. After the economic market was liberalized, illegal and criminal activities did break out in a short period of time as the East African governments had predicted.

This is mainly due to institutional and legal deficiencies. East Africa lacks experience in market economy governance, so there are many mistakes, but overall they are still within the controllable range.

As the new economic policy is promoted, the benefits are also obvious. First, the urban population is growing at an accelerated rate. Flexible employment allows more rural people to enter the city to work. Although they are not on the payroll, they have no problem supporting themselves. At the same time, the types of goods on the market have increased significantly. Although most of them are small workshop products and the lack of supervision has caused uneven quality, it is undeniable that the types of goods have indeed increased, and the quality of goods is good and bad, and cannot be generalized.

Finally, under the new economic policy in East Africa, Austria, Germany, France, the United States, Britain and other countries have significantly increased their investment in East Africa, which has greatly alleviated the financial pressure on the East African governments. Among them, British investment has rapidly increased as the relationship between the two countries has been reconciled, making it one of the important sources of foreign investment.

(End of this chapter)