Commentary

THE term ‘enabling environment’ has its origins in economics, specifically macroeconomics. It comprises strategies that concentrate on creating and maintaining an overall macroeconomic environment that brings together suppliers and consumers in an inter-firm co-operation (cooperation between businesses and industries) manner.

THE triumph of democracy and market-based economics – the “End of History,” as the American political philosopher Francis Fukuyama famously called it – which was proclaimed to be inevitable with the fall of the Berlin Wall, soon proved to be little more than a mirage.