Product Information
Product code: 978-0198704423 Categories: Africa Books, Books$53
Sebastian Edwards
Oxford
Brilliant analysis from one of our leading thinkers on economic development. Edwards places the experience of Tanzania in the broader and continuing debate about the effectiveness of foreign aid. His sober and thorough dissection of the historical record leads to a powerful conclusion: the international assistance provided from 1961 to 1981 proved highly toxic, but outside support subsequently became more constructive. This controversial volume will become a must read for anyone concerned with prosperity and stability around the world. (Simon Johnson, former chief economist of the International Monetary Fund and author of the best-seller 13 Bankers)
Description
For many years Tanzania was the darling of international aid agencies. During the 1970s it received more assistance per capita than any other nation in the world. And yet, the economy performed dismally: growth was negative, exports collapsed, and poverty increased massively. In the mid 1980s, however, the international community changed tacks and developed an approach based on conditionality and ‘program ownership’. Since 1996 the country has grown steadily, and social conditions have improved significantly. This book provides an economic history of Tanzania, since independence in 1961. It covers the policies of African Socialism and the Arusha Declaration, the collapse of the early 1980s, the rocky relationships with the IMF, and the reforms of the 1990s and 2000s.
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- Paperback: 260 pages
- Publisher: Mkuki Na Nyota
- Language: English
- ISBN-13: 9789987082124
- Product Dimensions: 30.3 x 2.3 x 24.4 cm