Macroeconomic Policy and Performance of the Manufacturing Sector in Tanzania: Has Liberalization Helped? An Econometric Approach

A. V. Y. Mbelle
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A. V. Y. Mbelle: University of Dar es Salaam

Chapter 13 in The Industrial Experience of Tanzania, 2001, pp 300-317 from Palgrave Macmillan

Abstract: Abstract After a decade of ‘de-industrialization’ during the 1980s, there are new hopes for the Tanzanian manufacturing sector for the 1990s and beyond. The Sustainable Industrial Development Policy for Tanzania, 1996–2020 (URT, 1996a), spells out the mission of the sector as making contributions to the achievement of overall long-term development goals and enhancing the sustainable development of the sector itself. The Development Vision 2025 for Tanzania (8th version, URT, 1998) sets more ambitious targets. In 2025 Tanzania should be a diversified, semi-industrialized economy with the industrial sector (manufacturing, mining, construction and utilities) accounting for 40 per cent of GDP (against 16.5 per cent in 1998).1 In addition to this, the sector is expected to form the basis for broad-based growth, income generation, employment creation and foreign exchange earnings.

Keywords: Exchange Rate; Interest Rate; Real Exchange Rate; Money Supply; Macroeconomic Policy (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-52451-4_14

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DOI: 10.1057/9780230524514_14

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