From Crisis to Growth in Africa 1st Edition by Mats Lundahl 0415254175 9780415254175

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ISBN 10: 0415254175

ISBN 13: 9780415254175

Author: Mats Lundahl

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.

From Crisis to Growth in Africa 1st Table of contents:

1 Introduction

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 cooperation with Africa in the twenty-first century

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