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Good Growth and Governance in AfricaRethinking Development Strategies$
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Akbar Noman, Kwesi Botchwey, Howard Stein, and Joseph E. Stiglitz

Print publication date: 2011

Print ISBN-13: 9780199698561

Published to Oxford Scholarship Online: May 2012

DOI: 10.1093/acprof:oso/9780199698561.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 09 December 2021

Institutional Monocropping and Monotasking in Africa

Institutional Monocropping and Monotasking in Africa

Chapter:
(p.80) 3 Institutional Monocropping and Monotasking in Africa
Source:
Good Growth and Governance in Africa
Author(s):

Thandika Mkandawire

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199698561.003.0003

The failure of structural adjustment and, more specifically, the poor response of private investors to programs of market liberalization have led to the identification of poor institutions as the culprit. Consequently much of the reform agenda has evolved around institutions which aimed at ensuring property rights and attaining a degree of credibility of policies by reducing space for policy discretion. This, in turn, has not only led to “institutional monocropping,” which involves transplanting one highly stylized “Anglo-Saxon” model to developing countries, but also to “monotasking” which limits the role of institutions to that of stimulating investment. Because it ignores the specificity of different contexts and because it is aimed at restraining governments rather than enabling them to take on the developmental and transformative role that had been central to the success of “late industrializers,” this reform agenda has produced inappropriate institutions.

Keywords:   Africa, institutional reform, development

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