Globalisation, Adjustment and the Structural Transformation of African Economies?: The Role of International Financial Institutions
AbstractUnder the auspices of the World Bank and IMF, for almost two decades, sub-Saharan African countries have implemented structural adjustment, an orthodox package of economic reform measures. During this period there has been an unprecedented proliferation of technology investment and trade in the world economy. However sub-Saharan Africa has performed poorly under adjustment and has been largely marginalized from the international economy. The paper investigates the problems with the theoretical model underlying structural adjustment policies to explain why the model is not conducive to either African development or Africa's increasing participation in the global economy. An example is used to illustrate the existence of an alternative set of policies that may be better suited for Africa.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoPaper provided by Centre for the Study of Globalisation and Regionalisation (CSGR), University of Warwick in its series CSGR Working papers series with number 32/99.
Date of creation: May 1999
Date of revision:
Contact details of provider:
Postal: Centre for the Study of Globalisation and Regionalisation (CSGR) University of Warwick Coventry CV4 7AL, U.K.
Phone: +44 (0) 1203 572 533
Fax: +44 (0) 1203 572 548
Web page: http://www.warwick.ac.uk/fac/soc/CSGR/
More information through EDIRC
Structural adjustment; sub-Saharan Africa; globalisation; economic development.;
This paper has been announced in the following NEP Reports:
- NEP-ALL-1999-07-28 (All new papers)
- NEP-DEV-1999-07-28 (Development)
- NEP-PKE-1999-07-28 (Post Keynesian Economics)
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Habiyaremye, Alexis, 2005. "Dependence on Primary Commodities and Poverty Traps in Sub-Saharan Africa: Devising strategies and building capabilities for diversification," Discussion Papers 09, United Nations University, Institute for New Technologies.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Krichel).
If references are entirely missing, you can add them using this form.