Magnus Blomstrom (EDT), Mats Lundahl (EDT) Economic Crisis in Africa

Annotation

While the pitiful images of famine victims generally emanate from the very poorest countries in Sub-Saharan Africa, the entire region faces an intense economic crisis. Why is this area in a state of near-permanent crisis and perhaps more importantly, what can be done about it? In Economic Crisis in Africa the authors use country studies to examine how this situation has come about. The book is divided into four parts: Part I presents an overall perspective of the African Crisis and its management; Part II addresses the problems of the external sector; Part III discusses the crises and structural adjustment from a microperspective; and finally, Part IV examines changes in economic systems which took place during the 1980s. At a time when famine again threatens the area, this work offers a valuable insight into a highly complex and critical situation.