Toxic Aid: Economic Collapse and Recovery in Tanzania

ISBN-13: 9780198704423 / Angielski / Twarda / 2014 / 320 str.

Sebastian Edwards

Opis

For many years Tanzania was the darling of international aid agencies. During the 1970s it received more assistance per capita than any other nation in the world. And yet, the economy performed dismally: growth was negative, exports collapsed, and poverty increased massively. In the mid 1980s, however, the international community changed tacks and developed an approach based on conditionality and 'program ownership'. Since 1996 the country has grown steadily, and social conditions have improved significantly. This book provides an economic history of Tanzania, since independence in 1961. It covers the policies of African Socialism and the Arusha Declaration, the collapse of the early 1980s, the rocky relationships with the IMF, and the reforms of the 1990s and 2000s.

Recenzje

Does foreign aid really help developing countries to develop? Or does it stand in the way of development by enabling corrupt and repressive regimes that pursue inappropriate economic policies? Sebastian Edwards important volume on Tanzania provides compelling answers. With carefully marshalled economic data, Edwards shows that foreign aid may have been a critical factor in enabling the government of Tanzania to pursue economically ruinous economic policies during the two decades following independence. Beginning in the early 1980s, however, pressure from the foreign aid community was at least equally important in convincing Tanzania to undertake needed and beneficial economic reforms and in providing resources to carry out these reforms.

O autorze

Sebastian Edwards is the Henry Ford II Professor of International Economics at the University of California, Los Angeles, and a Research Associate at the National Bureau of Economic Research.