Description
The book is a review of the experiences of thirteen African countries in terms of their attempts to achieve sustained economic growth. The countries are divided into three groups based on their reform struggles, growth seeker status, and war-stricken economies. All of the 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 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.