Ebook: Economic Crisis in Africa: Perspectives on Policy Responses
Author: Magnus Blomström Mats Lundahl
Economic Crisis in Africa presents an overview of the situation currently facing Africa 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, contrasting the relative success of Zimbabwe and Botswana with the failure of Lesotho in implementing an adjustment policy. 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. The book outlines the changes in economic systems which took place during the 1980s and analyze the likely success of new policies.
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