ABSTRACT

Market-oriented economic reforms have been going on in Tanzania since the early 1980s, and with financial support from the international financial institutions since 1986. As a result, Tanzania has been transformed from an economy with severe imbalances and profound structural weaknesses to one with single-digit inflation, budget balance, shrinking public involvement in economic life and an expanding export sector. Growth of income – while still low – has returned to positive levels on a per capita basis.