Planned liberalism is an economic policy followed in Cameroon since the 1960s that aims to merge the best concepts of capitalism and socialism. In 1965, Cameroon changed from its previous economic philosophy, African socialism, under the guidance of its first president, Ahmadou Ahidjo. Under planned liberalism, the state began regulating and managing natural resources and guiding foreign investment into specific economic sectors or geographic areas.
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- Planned liberalism is an economic policy followed in Cameroon since the 1960s that aims to merge the best concepts of capitalism and socialism. In 1965, Cameroon changed from its previous economic philosophy, African socialism, under the guidance of its first president, Ahmadou Ahidjo. Under planned liberalism, the state began regulating and managing natural resources and guiding foreign investment into specific economic sectors or geographic areas. In the process, the government has partnered with foreign firms to set up various parastatal enterprises. Meanwhile, it has encouraged private enterprise and investment and the operation of market forces. Critics claim that planned liberalism has failed due to widespread corruption, overwhelming government bureaucracy, and ill-advised government backing of certain foreign investors. These faults became evident during the economic crisis of the mid-1980s. Cameroon under Paul Biya has since increasingly turned to privatisation of state-owned industries to stimulate its economy.
- Le libéralisme planifié était le nom de la doctrine économique camerounaise mise en œuvre par le président Ahidjo. Cette doctrine avait pour but de concilier le capitalisme et le socialisme. Elle a été mise en œuvre au Cameroun à partir de 1965, après l'abandon officiel par le pays du socialisme africain jusque vers le milieu des années 1980 et l'accession de Paul Biya au pouvoir. C'est une doctrine fortement interventionniste et nationaliste.
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- Planned liberalism is an economic policy followed in Cameroon since the 1960s that aims to merge the best concepts of capitalism and socialism. In 1965, Cameroon changed from its previous economic philosophy, African socialism, under the guidance of its first president, Ahmadou Ahidjo. Under planned liberalism, the state began regulating and managing natural resources and guiding foreign investment into specific economic sectors or geographic areas.
- Le libéralisme planifié était le nom de la doctrine économique camerounaise mise en œuvre par le président Ahidjo. Cette doctrine avait pour but de concilier le capitalisme et le socialisme. Elle a été mise en œuvre au Cameroun à partir de 1965, après l'abandon officiel par le pays du socialisme africain jusque vers le milieu des années 1980 et l'accession de Paul Biya au pouvoir. C'est une doctrine fortement interventionniste et nationaliste.
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- Planned liberalism
- Libéralisme planifié
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