External Shocks, Adjustment Policies and Economic and Social Performance

Eva Jespersen

Chapter 1 in Africa’s Recovery in the 1990s, 1992, pp 9-50 from Palgrave Macmillan

Abstract: Abstract Although it is currently fashionable to suggest that the economic troubles of sub-Saharan Africa began with independence, the African economy performed relatively well in aggregate terms during the 1960s and 1970s, especially up to 1973 and then between 1976 and 1978. GDP and exports grew at rates comparable to those in the other main developing regions and more rapidly in general than those in South Asia (Table 1.1).

Keywords: Government Expenditure; Informal Sector; Formal Sector; Central African Republic; Adjustment Programme (search for similar items in EconPapers)
Date: 1992
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DOI: 10.1007/978-1-349-22344-2_2

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