1999 | OriginalPaper | Buchkapitel
Introduction
verfasst von : Jo Ann Paulson
Erschienen in: African Economies in Transition
Verlag: Palgrave Macmillan UK
Enthalten in: Professional Book Archive
Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.
Wählen Sie Textabschnitte aus um mit Künstlicher Intelligenz passenden Patente zu finden. powered by
Markieren Sie Textabschnitte, um KI-gestützt weitere passende Inhalte zu finden. powered by
Economic performance in the majority of African countries has been disappointing since the 1970s. While there has been some improvement since the lows of the 1980s in reforming countries, the improvement has been short of what is needed to raise per capita income. The poor economic performance in Sub-Saharan Africa defies simple explanations, but there are some commonalities in past economic policies important for the discussions in this book. During the 1970s and part of the 1980s many governments on the African continent embraced state-led development strategies. Government efforts to use state institutions to compensate for the small base of indigenous capital and skill reflected the dominant development thinking at the time of independence.