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Toxic Aid – Economic Collapse and Recovery in Tanzania - Oxford Scholarship Online
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Toxic Aid: Economic Collapse and Recovery in Tanzania

Sebastian Edwards

Abstract

For many years Tanzania was the darling of international aid agencies. During the 1970s it received more assistance per capita than any other nation in the world. And yet, the economy performed dismally: growth was negative, exports collapsed, and poverty increased massively. In the mid 1980s, however, the international community changed tacks and developed an approach based on conditionality and “program ownership.” Since 1996 the country has grown steadily, and social conditions have improved significantly. This book provides an economic history of Tanzania, since independence in 1961. It co ... More

Keywords: international aid, Arusha Declaration, Julius Nyerere, economic reforms, African Socialism, African growth, African politics, International Monetary Fund, privatization

Bibliographic Information

Print publication date: 2014 Print ISBN-13: 9780198704423
Published to Oxford Scholarship Online: June 2014 DOI:10.1093/acprof:oso/9780198704423.001.0001

Authors

Affiliations are at time of print publication.

Sebastian Edwards, author
Henry Ford II Professor of Economics, Anderson Graduate School of Management, University of California, Los Angeles