Toxic Aid: Economic Collapse and Recovery in Tanzania

Name: Toxic Aid: Economic Collapse and Recovery in Tanzania
Brand: Oxford University Press (UK)
SKU: 9780198704423
Price: 8882.0 INR
Availability: InStock

by Sebastian Edwards

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ISBN13: 9780198704423
Binding: Hardcover
Subject: N/A
Publisher: Oxford University Press (UK)
Publisher Imprint: Oxford University Press (UK)
Publication Date: June 24, 2014
Pages: 316
Original Price: GBP 62.0
Language: English
Edition: N/A
Item Weight: 499 grams
BISAC Subject(s): Development / Economic Development

About The Book

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 tack 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 covers the policies of African Socialism and the Arusha Declaration, the collapse of the early 1980s, the rocky relationships with the IMF, and the reforms of the 1990s and 2000s. This book shows that the relationship between foreign aid economic is highly complex, and that the effect of foreign assistance on poor countries performance depends on historical circumstances, ownership of programs,
and the involvement of the local communities.

About The Author

Sebastian Edwards is the Henry Ford II Professor of International Economics at the University of California, Los Angeles, and a Research Associate at the National Bureau of Economic Research.

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