IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-24373-0_7.html
   My bibliography  Save this book chapter

Constraints on Sustained Recovery from Economic Disaster in Africa

In: Constraints on the Success of Structural Adjustment Programmes in Africa

Author

Listed:
  • Charles Harvey

Abstract

This paper argues that governments of African countries recovering from economic disaster have increasingly accepted that they must persist with the macroeconomic polices demanded by the IMF and the World Bank. However progress with structural reform has been more difficult; it has been slow to start (for example, seven or eight years in the case of banking reform in Ghana and Uganda) and doubtful of success. Yet a recovery of private sector investment is essential for sustained recovery, once existing capacity becomes full utilised with the greater availability of foreign exchange; and private sector investment cannot be expected to recover while the civil service, the banks and parastatals remain unreformed.

Suggested Citation

  • Charles Harvey, 1996. "Constraints on Sustained Recovery from Economic Disaster in Africa," Palgrave Macmillan Books, in: Charles Harvey (ed.), Constraints on the Success of Structural Adjustment Programmes in Africa, chapter 7, pages 130-151, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-24373-0_7
    DOI: 10.1007/978-1-349-24373-0_7
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jonas A. Akudugu, 2018. "Institutionalising local economic development practice in Ghana," Local Economy, London South Bank University, vol. 33(4), pages 405-420, June.
    2. Buffie, Edward F., 2009. "Public sector layoffs, severance pay, and inflation in the small open economy," Journal of International Money and Finance, Elsevier, vol. 28(6), pages 987-1005, October.
    3. Belshaw, Deryke & Lawrence, Peter & Hubbard, Michael, 1999. "Agricultural Tradables and Economic Recovery in Uganda: The Limitations of Structural Adjustment in Practice," World Development, Elsevier, vol. 27(4), pages 673-690, April.
    4. Pletcher, James, 2000. "The Politics of Liberalizing Zambia's Maize Markets," World Development, Elsevier, vol. 28(1), pages 129-142, January.
    5. Buffie, Edward F, 1999. "Public Sector Wage Cycles and the Co-movement of the Fiscal Deficit and Inflation in Less-Developed Countries," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 31(4), pages 785-810, November.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-349-24373-0_7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.