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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:The impact of economic liberalization and investment policy on private sector growth and employment generation
Author:Moshi, H.P.B.ISNI
Periodical:Tanzanian Economic Trends (ISSN 0856-3373)
Period:December-June 1997
Notes:biblio. refs.
Geographic terms:Tanzania
East Africa
Subjects:private sector
economic policy
Economics, Commerce
Economic liberalization
investment policy
Development policy
Employment growth
Abstract:In the 1980s Tanzania embarked on a wide range of socioeconomic reforms which entailed a change of development paradigm, from a controlled economy, dominated by the public sector, to an economy that is increasingly liberal in nature and much more market oriented in its operation. The author investigates the effects of the new policy environment on private sector growth and on employment generation. He concludes that while the macroeconomic reforms are necessary, they are not sufficient for the recovery and expansion of private investment. There is need to focus more on the private sector to enhance its role in the Tanzanian economy. Bibliogr.