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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 relationship with the IMF, and the reforms of the 1990s and 2000s.
List of contents
- Preface and Acknowledgements
- 1: Tanzania: Finally a Success Story?
- 2: Tanzania's Market-Oriented Reforms and Economic Performance: The "Official Story'"
- 3: The War of Ideas and Foreign Aid
- 4: The Evolution of Foreign Aid to Tanzania, 1961-2011
- 5: The Arusha Declaration, Foreign Aid, and the Crisis of 1979
- 6: Economic Collapse
- 7: Tanzania and the IMF: A Troubled Relationship
- 8: The Wheels of Aid and the First Round of Reforms, 1986-1995
- 9: A New Beginning: The Ownership of Aid Programs
- 10: The Second Wave of Reforms: Vision and Policies
- 11: Is Tanzania a Success Story?
- Bibliography
- Index
About the author
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.
Summary
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 relationship with the IMF, and the reforms of the 1990s and 2000s.
Additional text
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.
