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Periodical article | Leiden University catalogue | WorldCat |
Title: | The Internal and External Constraints to Development in Sub-Saharan Africa |
Author: | Kendie, Daniel |
Year: | 1998 |
Periodical: | Ufahamu |
Volume: | 26 |
Issue: | 2-3 |
Pages: | 18-48 |
Language: | English |
Geographic term: | Subsaharan Africa |
Subjects: | international economic relations economic development Development and Technology Economics and Trade Politics and Government international relations |
Abstract: | Since the mid-1980s Africa has become increasingly marginalized in the world economy and current trends indicate that most sub-Saharan African economies are bound for a decade of continuing stagnation, poverty, mass misery and deprivation. There are both internal and external barriers to growth and development. Levels of public and private assistance to Africa have considerably declined, and the vacuum is being filled by the World Bank and the IMF, whose support is contingent upon austere structural adjustment programmes (SAP) premised on wholesale privatization and market liberalization. However, lessons from the past indicate that State intervention has been crucial to development and the developmental State must be brought back into development. The transformation of African economies will require changes both at the local and international level. African countries should prioritize infrastructural development in order to be better organized for greater cooperation and integration among themselves. Notes, ref., sum. |