The book starts with the premise that Africa's economic renewal will require moving beyond the narrow bounds of structural adjustment reform and promoting the greater effectiveness of the region's public institutions. Economic reform will not be successful unless the central states in the region develop more productive relationships with the other institutions that inevitably condition economic relations and the context in which development takes place. This institutional debate is particularly important because the recent democratization of African public life has resulted in a rapidly...
The book starts with the premise that Africa's economic renewal will require moving beyond the narrow bounds of structural adjustment reform and promo...
In this book, Nicolas Van de Walle identifies 26 countries that are extremely poor and grew little if at all in the 1990s. His sample excludes North Korea and countries where civil war explains some of their failure to grow (Afghanistan, Sierra Leone, Sudan, Tajikistan and others). The 26 countries have limited infrastructure and human capital and the small size of their markets deter private savings and investment. Aid was meant to help overcome these problems, and these countries received a lot. Yet they have failed to grow. What is wrong? Is foreign aid a solution or part of the...
In this book, Nicolas Van de Walle identifies 26 countries that are extremely poor and grew little if at all in the 1990s. His sample excludes Nort...