Between Liberalisation and Oppression: The Politics of Structural Adjustment in Africa
P. Thandika Mkandawire, Adebayo O. Olukoshi
African Books Collective, 1995 - Social Science - 430 pages
No one can fail to be aware of the incredible impact that the IMF and the World Bank have had on Africa. Their structural adjustment programmes were deliberately designed to shock African economies into free market reform and ensuing stability. But when 'getting the prices right' first swamped the World Bank's African economic plans in the early 1980s, few bothered to analyse the politics of a reform package whose immediate impact was violent and unsettling. While Africa has come a long way since then, the goal of market reform must be as important as the task of understanding the politics of unleashing the forces of the market. Not least, is the question of democratisation, which the Bank itself now attempts to force through with loan conditions. This book is the culmination of intense debate by African authors across the continent. Three sections make up a comprehensive analysis of adjustment regimes, their perspectives and the political context in which they have survived, or not. Country case studies in both anglophone and francophone Africa round up the analysis.
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Issues and Perspectives in the Politics of Structural
Perspectives and Overviews
Fiscal Structure State Contraction and Political Reponses
13 other sections not shown
adjustment policies administration African countries agricultural anti-SAP authoritarianism Babangida Bangura Bank's Beckman Benin budget capital CFA francs civil servants civil society conference Congo Congress context country's debt decline demands democracy democratic democratisation devaluation domestic economic crisis emerged expenditure export fiscal forces foreign exchange franc zone Freetown Fund Ghana growth implementation important income increase industrial informal sector informalisation institutions interests intervention investment issue labour movement Lagos LDCs leaders leadership major Malawi measures military Minister neo-liberal Nigeria Nigeria Labour Congress official Olukoshi opposition organisations organized parastatals PNDC political economy politics of structural poverty President pressures production protest reforms regime rent-seeking rentier repression response revenue role rule rural Senegal Sierra Leone social groups strategy structural adjustment programme Sub-Saharan Africa subsidy trade unions transition programme University urban workers World Bank Zambia