This book is concerned with the problem of achieving sustained economic growth in thirteen African countries. These are divided into three groups: the war stricken economics (Angola, Guinea-Bissau, Ethiopia and Eritrea), the reform strugglers (Kenya, Cape Verde, Zambia, Tanzania, Mozambique and Zimbabwe) and the growth seekers (Uganda, South Africa and Lesotho). Virtually all of these countries have gone through a structural adjustment program designed to remove imperfections that make it difficult for the market system to work in an optimal fashion. This title reviews these experiences.
Table of Contents
Part I: The War-Stricken Economies
2. Angola: A History of Oil, War and Economic Policy
3. Guinea-Bissau: A Rocky Road to Reform and Stability
4. Ethiopian Reforms: Government Legitimacy, Economic Growth and Development
5. Eritrean Reforms: A Struggle for Sustained Independence and Economic Growth
Part II: The Reform Strugglers
6. Kenya's Growth Prospects: The Basic Constraints
7. Cape Verde: Reform Policy and Growth in a Small Remote Island Economy
8. Explaining Zambia's Elusive Growth: Credibility Gap, External Shocks or Reluctant Donors?
9. From Stagnation to Growth in Tanzania: Breaking the Vicious Circle of High Aid and Bad Governance?
10. The Post-Washington Consensus in Mozambique
11. Investment, Productivity Growth and Structural Adjustment in Zimbabwe
Part III: The Growth Seekers
12. Has Uganda Taken Off?
13. Can South Africa Break the Deadlock?
14. Foreign Dependency and High-Speed Growth in Lesotho Epilogue: Development Co-operation with Africa in the Twenty-First Century