ABSTRACT

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.

chapter 1|22 pages

Introduction

part |2 pages

Part I The war-stricken economies

chapter 2|16 pages

Angola

A history of oil, war and economic policy

chapter 3|11 pages

Guinea-Bissau

A rocky road to reform and stability

chapter 4|21 pages

Ethiopian reforms

Government legitimacy, economic growth and development

chapter 5|22 pages

Eritrean reforms

A struggle for sustained independence and economic growth

part |2 pages

Part II The reform strugglers

chapter 6|13 pages

Kenya’s growth prospects

The basic constraints

chapter 7|22 pages

Cape Verde

Reform policy and growth in a small remote island economy

chapter 8|15 pages

Explaining Zambia’s elusive growth

Credibility gap, external shocks or reluctant donors?

chapter 9|22 pages

From stagnation to growth in Tanzania

Breaking the vicious circle of high aid and bad governance?

part |2 pages

Part III The growth seekers