Constraints on the Success of Structural Adjustment Programmes in Africa [Paperback]

This book reports why orthodox structural adjustment measures do not have the expected results in Africa. Orthodox measures may be necessary but are frequently not sufficient because of structural factors, some peculiar to individual countries, some found more widely. Six chapters report on extensive fieldwork in Kenya, Tanzania, Zambia and Zimbabwe; three chapters compare countries in Africa (recovery from disaster, labour markets, new financial markets) and one makes comparisons with Asia and Latin America of employment policies.List of Tables - List of Figures - List of Appendices - Preface - Notes on Contributors - Introduction; C.Harvey - Interest Rate Liberalisation and the Allocative Efficiency of Credit some Evidence from the Small and Medium Scale Industry in Kenya; P.Kariuki - The Structural Adjustment Implications of Real Exchange Rate Depreciation on the Manufacturing Sector in Zimbabwe; J.Muzulu - The Impact of Economic Stabilisation on the Wage Structure in Zimbabwe: 1980-90; G.Kanyenze - Liberalisation of Maize Marketing in the Arusha Region in Tanzania; W.Parsalaw - Structural Adjustment, Labour Markets and Employment Policy; J.Toye - Constraints on Sustained Recovery from Economic Disaster in Africa; C.Harvey - Constraints on the Effectiveness of Structural Adjustment Package in the Production and Availability of Pharmaceutical Products in Kenya; P.Owino - What Role for Stock Exchanges, Venture Capital and Leasing Companies in Developing the Private Sector in Africa?; M.Faber - Economic Crisis, Adjustment and the Effectiveness of the Public Sector in Zambia; D.Chiwele & C.Colclough - Economic Adjustment, the Mining Sector and the Real Wage in Zambia; D.K.Chiwele - Index