| Economic Crisis in Africa: Perspectives on Policy Responses Contributor(s): Blomström, Magnus (Editor), Lundahl, Mats (Editor) |
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ISBN: 0415096294 ISBN-13: 9780415096294 Publisher: Routledge OUR PRICE: $161.50 Product Type: Hardcover - Other Formats Published: July 1993 Annotation: The devastating images of famine and drought victims from sub-Saharan Africa represent only the most visible signs of the intense economic crisis facing the entire region. "Economic Crisis in Africa" presents an overview of the situation and examines the feasibility of current policies while suggesting long-term objectives. The book first presents an overall view of the African crisis as illustrated in cross-country studies of Tanzania and Kenya. It examines problems of trade liberalization by contrasting the relative success of Zimbabwe and Botswana with the failure of Lesotho in implementing an adjustment policy and the prevalence of "Dutch Disease" in Zambia. Case studies from Uganda, Guinea-Boisseau, and the failure of central state control over the Congolese economy represent a micro perspective on the African crisis and adjustment. Finally, the authors outline the changes in economic systems which took place during the 1980s and analyze the likely success of new policies. They present these analyses in the context of Angola, Tanzania, the specific urgency of reform in Ethiopia, and the magnitude of the task facing South Africa. |
| Additional Information |
| BISAC Categories: - Business & Economics | Development - Economic Development - Business & Economics | Economics - General |
| Dewey: 338.96 |
| LCCN: 92044129 |
| Lexile Measure: 1370 |
| Physical Information: 1.26" H x 6.4" W x 9.48" (1.59 lbs) 368 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: While the pitiful images of famine victims generally emanate from the very poorest countries in Sub-Saharan Africa, the entire region faces an intense economic crisis. Why is this area in a state of near-permanent crisis and perhaps more importantly, what can be done about it? In Economic Crisis in Africa the authors use country studies to examine how this situation has come about. The book is divided into four parts: Part I presents an overall perspective of the African Crisis and its management; Part II addresses the problems of the external sector; Part III discusses the crises and structural adjustment from a microperspective; and finally, Part IV examines changes in economic systems which took place during the 1980s. At a time when famine again threatens the area, this work offers a valuable insight into a highly complex and critical situation. |