ABSTRACT
In the last chapter we examined the question of external debts as a major factor in the international politics of adjustment and conditionality-based aid. In this chapter we shall focus on the particular experience of Zambia. We shall consider some of the key issues in the politics and economics of Zambia’s development, in particular the nature and origins of its economic decline, and the role of the Bretton Woods institutions in the country’s quest for macroeconomic reform. This will clear the ground for our subsequent analysis of EC intervention in Zambia’s reform process, which is the subject of the last two chapters of this study.
