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Submitted by Optimist Chukwunanu Obioma on
After the latest financial crises most economists are still finding it dificult to add a clause or state factor to the widely accepted financial theories of privatisation or liberalization. Whoever that is still finding it ambiguous to accept the prominent role of a 'good run' SOB's in promoting finantial development is doing sofor two reasons, (1)Neivity (2) proudness. The questions we should ask are if the SOB's could be run free from political biases, if it could enerstly support SME's, if they could offer loans to development projects without charging unjustified interest rates, how can the board be made more accountable without having the state protecting a few interes. All these and more require more research........