{"product_id":"the-political-economy-of-tanzania-decline-and-recovery-9780812245905","title":"The Political Economy of Tanzania: Decline and Recovery","description":"\u003cp\u003e • Author(s): Michael F. Lofchie\u003cbr\u003e • Publisher: University of Pennsylvania Press\u003cbr\u003e • Publisher Imprint: University of Pennsylvania Press\u003cbr\u003e • BISAC: Development - Economic Development\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eSince gaining independence, the United Republic of Tanzania has enjoyed relative stability. More recently, the nation transitioned peacefully from \"single-party democracy\" and socialism to a multiparty political system with a market-based economy. But Tanzania's development strategies--based on the leading economic ideas at the time of independence--also opened the door for unscrupulous dealmaking among political elites and led to economic decline in the 1960s and 1970s that continues to be felt today. Indeed, the shift to a market-oriented economy was motivated in part by the fiscal interests of government profiteers.\u003c\/p\u003e\u003cp\u003e\u003ci\u003eThe Political Economy of Tanzania\u003c\/i\u003e focuses on the nation's economic development from 1961 to the present, considering the global and domestic factors that have shaped Tanzania's economic policies over time. Michael F. Lofchie presents a compelling analysis of the successes and failures of a country whose postcolonial history has been deeply influenced by high-ranking members of the political elite who have used their power to advance their own economic interests. \u003ci\u003eThe Political Economy of Tanzania\u003c\/i\u003e offers crucial lessons for scholars and policy makers with a stake in Africa's future.\u003c\/p\u003e","brand":"Atlantic Books","offers":[{"title":"Hardcover","offer_id":46490104594583,"sku":"9780812245905","price":6847.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9780812245905.jpg?v=1766344257","url":"https:\/\/atlanticbooks.com\/products\/the-political-economy-of-tanzania-decline-and-recovery-9780812245905","provider":"Atlantic Books","version":"1.0","type":"link"}