ENGLISH

Toxic Aid: Economic Collapse and Recovery in Tanzania

By Sebastian Edwards

Book information

Publisher
Oxford University Press
Year
2014
ISBN
0198704429, 9780198704423
Language
english
Format
PDF
Filesize
1 MB (1202847 bytes)
Edition
1
Pages
320\315
Scanned
yes
Time added
2015-12-05 17:35:42
Development Growth Economics Business Money Econom

Description

For many years Tanzania was the darling of international aid agencies. During the 1970s it received more assistance per capita than any other nation in the world. And yet, the economy performed dismally: growth was negative, exports collapsed, and poverty increased massively. In the mid 1980s, however, the international community changed tacks and developed an approach based on conditionality and 'program ownership'. Since 1996 the country has grown steadily, and social conditions have improved significantly. This book provides an economic history of Tanzania, since independence in 1961. It covers the policies of African Socialism and the Arusha Declaration, the collapse of the early 1980s, the rocky relationships with the IMF, and the reforms of the 1990s and 2000s.

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