Alternative Development Strategies in Subsaharan Africa - Stewart, Frances / Lall, Sanjaya / Wangwe, Samuel
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The World Bank and the IMF dominate policy-making in Africa today. This book considers the consistency between their adjustment policies and long-term development needs, with detailed analyses of country experience. An alternative development strategy is proposed. Important elements include rural development, industrialization based on regional import substitution and export promotion, and development of human capabilities. Current adjustment policies are in large part moving African economies away from long-term goals, especially through cuts in expenditure on education and infrastructure,…mehr

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Produktbeschreibung
The World Bank and the IMF dominate policy-making in Africa today. This book considers the consistency between their adjustment policies and long-term development needs, with detailed analyses of country experience. An alternative development strategy is proposed. Important elements include rural development, industrialization based on regional import substitution and export promotion, and development of human capabilities. Current adjustment policies are in large part moving African economies away from long-term goals, especially through cuts in expenditure on education and infrastructure, deindustrialization and the strong emphasis on primary commodity exports.
Autorenporträt
Frances Stewart is Emeritus Professor of Development Economics, Emeritus Fellow of Somerville College and Director of the Centre for Research on Inequality, Human Security and Ethnicity (CRISE), University of Oxford, UK. Among many publications, she is the co-author of UNICEF's influential study Adjustment with a Human Face and author of Horizontal Inequalities and Conflict. She has directed a number of major research programmes including several financed by the UK Government's Department for International Development and has served as Chair of the United Nations Committee on Development Policy.