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Books > Business & Economics > Economics > Microeconomics
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Structural Adjustment in Africa (Hardcover)
Loot Price: R4,357
Discovery Miles 43 570
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Structural Adjustment in Africa (Hardcover)
Series: International Political Economy Series
Expected to ship within 10 - 15 working days
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Providing overviews and case studies of states and sectors, classes
and companies in the new international division of labour, this
series treats polity-economy 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 economic and
political nature of these programs and seeks to make them
intelligible to the non-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 economic 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.
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