Beyond Economic Liberalization in Africa: Structural Adjustment and the Alternatives
Southern African Political Economic Series, 1995 - Business & Economics - 312 pages
Have structural adjustment programmes in Africa largely failed? Ought the World Bank and the IMF to be paying more attention to the particular circumstances of individual countries and to the alternative policies being proposed by the Africans? The contributors to this volume assert both positions. Case studies of education, health, public services and import-export performance demonstrate the frequent lack of success of structural adjustment. These are followed by alternative approaches to overcoming Africa's economic and human crises, including the importance of democracy in securing responsiveness of state policy to public needs, the structural advantages of regional integration, sustainable development strategies that build on the continent's resource base, and a new partnership between state and market.
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African countries African economies agricultural allocation Cameroon capital cent changes chapter commitment costs Cote d'lvoire counter-trade debt democracy democratization devaluation developing countries discretionary cooperation diversification domestic ECOWAS effects enterprises environment environmental exchange rates expected expenditure external failure favour foreign exchange foreign investment funds Ghana Ghanaian global groups Harare Ibid impacts implementation imports income income redistribution increase industrial institutions interests intervention Kenya liberalization Mengisteab modern needs Nigeria organizational organizations parastatals peasant peasantry petty bourgeoisie Political Economy poor population primary commodities private sector problems production promote psychological contract reforms regional integration relationship response result rural SAPs secondary schools Senegal social exchange society socio-economic Somalia strategy structural adjustment programmes Sub-Saharan Africa sustainable Tanzania teachers Third World trade transformation Uganda University urban West Africa World Bank Zaire Zambia Zimbabwe