Assessment of the influence of the industrial policies to the private sector in Tanzania
DOI:
https://doi.org/10.31150/ajebm.v3i1.131Keywords:
Tanzania, Industrial Policies, the Private SectorAbstract
Tanzania contemporary executing industrialization agenda with prime concern to champion private sector to associate and dominance the process particularly through furnish domestic credit to the private sectors. Nevertheless the influence of industrial policies to the private sector in Tanzania have certainly not been deliberated. The contemporary academic work is undertaken to estimate the influence of industrial policies to the private sector during the period from 2008 to 2017 in Tanzania. A Simple Regression Model was applied to estimate the influence of industrial policies to the private sector during the period from 2008 to 2017 in Tanzania. All facts of the study were collected from the world bank from the period from 2008 to 2017 in Tanzania. Industrial policies were represented by economic openness index regarded as independent variable and domestic credit to the private sector regarded as dependent variable of the study. Findings of the study were in actual fact catching up the attention. The information discovered reveal that the correlation between economic openness and domestic credit to the private sector is negative and insignificant. The meaning is industrial policies did not have the influence to the private sector during the period from 2008 to 2017 in Tanzania.
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