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...

According to Nehru, the transition from a backward agricultural society to a modern industrialized society was the only road for India to progress. So, for the past few decades, India has focused its transitional development around movement away from a state-controlled economy toward that of a...

Die seit Ende der 1970er Jahre von Sambia unternommenen wirtschaftlichen Restrukturierungs- und Wiederaufbauprogramme waren allesamt erfolglos. Auch das jüngste Programm, das zu wirtschaftlichem Wachstum und zu Armutsreduzierung führen soll, droht zu scheitern: der öffentliche Haushalt ist...