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Full Description
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.
Contents
List of Tables and Figures - Preface - Notes on the Contributors - PART 1: GENERAL ISSUES - Alternative Development Strategies: an Overview; F.Stewart, S.Lall & S.Wangwe - Structural Adjustment and Long-term Development in Sub-Saharan Africa; G.K.Helleiner - African Agricultural Development Strategies; C.K.Eicher - Structural Problems of African Industry; S.Lall - Rural Industries and Rural Linkages in SubSaharan Africa; M.S.D.Bagachwa & F.Stewart - Small Scale Industries in Africa: Dynamic Issues and the Role of Policy; C.Liedholm - PART 2: COUNTRY CASE STUDIES AND THE DEVELOPMENT OF TECHNOLOGICAL CAPABILITY - Manufacturing Sector Development in Zimbabwe and the C te d'Ivoire; R.Riddell - Building Indigenous Technological Capacity in African Industry: an Overview; S.Wangwe - Ivorian Industry at the Cross-roads; L.Mytelka - Building Indegenous Technological Capacity: a Study of Selected Industries in Tanzania; S.Wangwe - Building Indigenous Technological Capacity in African Industry: the Nigerian Case; J.F.E.Ohiorhenuan & I.D.Poloamina - PART 3: ORGANISATION OF PRODUCTION - Public Enterprises and Industrialisation in Africa; J.Knight - The Past Record and Future Potential of Foreign Investment; L.Cockcroft - The Advance of African Capital: the Growth of Nigerian Private Enterprises; T.Forrest - Joint Ventures and Autonomous Industrial Development: the Case of the C te d'Ivoire; G.Navaretti - The Prospects for Intra-regional Trade Growth in Africa; C.Hardy - Bibliography - Index
