Abstract

Poststructural adjustment policies currently being emphasized by the World Bank, International Monetary Fund, and donors in tropical Africa are liberalization and privatization of the economies. In theory both of these policies will allow firms to operate more efficiently and the economy to be more competitive and market-oriented. This paper focuses on the short-run effects of these policies, how governments are initiating them and what segments of the population are benefiting/losing. The programs are sufficiently new in tropical Africa that the literature contains little analysis. A recent visit to Tanzania and Zambia provides the basis for this review of the experiences in these two countries.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.