Eastern and Southern Africa: Past Trends and Future Prospects

Ravi Gulhati

Chapter 3 in Africa Projected, 1985, pp 43-59 from Palgrave Macmillan

Abstract: Abstract The decade of the 1970s was full of severe strains. While there was progress on some fronts, it was made after overcoming formidable obstacles. More recently many of these countries have encountered a major deterioration in the international environment which has exposed more clearly than before the fragility of their institutional framework and weaknesses in economic policies. A number of countries have begun to take stock of their situation and to initiate a process of policy reform and structural change. To regain development momentum, it will be necessary to sustain these processes during the 1980s by a combination of local initiative and adequate support from abroad. Foreign-aid agencies need to review their policies and programme against the background of the prevailing economic situation and prospects of African countries. To facilitate policy reforms in Africa, donors need to make supporting adjustments in their programme.

Keywords: African Country; Current Account Deficit; Primary Commodity; Recipient Government; Copper Price (search for similar items in EconPapers)
Date: 1985
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-06499-1_3

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DOI: 10.1007/978-1-349-06499-1_3

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