Africa has come a long way since the economic turmoil of the 1980s, the decade of "structural adjustment". Growth has been strong, yet poverty remains high. Underlying the shortage of good livelihoods and high social inequality is the lack of diversification in Africa's economies-in contrast to...

The struggle to develop Africa : the failure of development theory -- The struggle to develop Africa : lessons from public choice theory -- The African economies today : an overview -- The state and a legacy of perverse economic policies -- Structural adjustment programs, the Bretton Woods...

Tanzania`s adjustment program, which began in the mid-1980s, was accompanied by a sharp increase in the levels of foreign assistance. Previous studies, using published data, have not reflected much improvement in economic performance during the reform period. This paper attempts to shed new...