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- DescriptionProviding overviews and case studies of states and sectors, classes and companies in the new international division of labour, this series treats polity-ecomy dialectics at global, regional and national levels. This volume in the series looks at the complexities of structural adjustment in Africa. Structural adjustment programs in Africa are as widespread as they are controversial. This book examines the complex ecomic and political nature of these programs and seeks to make them intelligible to the n-expert. It analyzes, in a concise accessible manner, the impact of specific policy measures designed to achieve structural adjustment, such as devaluation, price liberalization, fiscal restraint and privatization. It critically evaluates the past experience of countries implementing these policies and assesses the likelihood of such policies providing sustainable long-term ecomic solutions to the African crisis. Particular attention is paid to whether orthodox approaches to adjustment, as imposed by the IMF and World Bank as conditionality for their loans, can generate the broad political consensus required for long-term growth and stability in Africa.
- PublisherPalgrave Macmillan
- Date of Publication24/11/1989
- SubjectEconomics: Professional & General
- Series TitleMacmillan International Political Economy S.
- Place of PublicationBasingstoke
- Country of PublicationUnited Kingdom
- ImprintPalgrave Macmillan
- Content Notebiography
- Weight500 g
- Width140 mm
- Height216 mm
- Spine26 mm
- Edited byBonnie K. Campbell,John Loxley
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