Transitional Economic Policy and Policy Options in Tanzania


Book Description

Briefly reviews the economic reforms undertaken in Tanzania by three succesive governments since 1981. Examines the status of the reforms in various sectors, and identifies the major challenges to be faced and the policy options to be considered.




Fiscal Policy and Long-Term Growth


Book Description

This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.




Tanzania


Book Description

What fate awaits Tanzania? Economic progress since 1995 provides some hope that the future is bright.




Evolving Monetary Policy Frameworks in Low-Income and Other Developing Countries


Book Description

Over the past two decades, many low- and lower-middle income countries (LLMICs) have improved control over fiscal policy, liberalized and deepened financial markets, and stabilized inflation at moderate levels. Monetary policy frameworks that have helped achieve these ends are being challenged by continued financial development and increased exposure to global capital markets. Many policymakers aspire to move beyond the basics of stability to implement monetary policy frameworks that better anchor inflation and promote macroeconomic stability and growth. Many of these LLMICs are thus considering and implementing improvements to their monetary policy frameworks. The recent successes of some LLMICs and the experiences of emerging and advanced economies, both early in their policy modernization process and following the global financial crisis, are valuable in identifying desirable features of such frameworks. This paper draws on those lessons to provide guidance on key elements of effective monetary policy frameworks for LLMICs.




Economic Development Through Regional Trade


Book Description

Post-colonial Africa is littered with regional trade agreements that amounted to little more than a photo opportunity for the leaders that signed them. This book explores conventional explanations for past failures and posits a new theory rooted in the symbiotic relationship between authoritarian politics and crony-capitalism.




Social Policy in a Development Context


Book Description

Drawing upon both conceptual and empirical evidence, this volume argues the case for the centrality of social policy in development, focusing particularly on the message that social policy needs to be closely intertwined with economic policy. It is argued that social policy can provide the crucial link between economic development poverty eradication and equity. This volume is a significant contribution to thinking about social policy in a development context.




The Politics of Trade and Industrial Policy in Africa


Book Description

This book maps the process and political economy of policy making in Africa. It's focus on trade and industrial policy makes it unique and it will appeal to students and academics in economics, political economy, political science and African studies. Detailed case studies help the reader to understand how the process and motivation behind policy decisions can vary from country to country depending on the form of government, ethnicity and nationality and other social factors.




The Nyerere Legacy and Economic Policy Making in Tanzania


Book Description

For a great leader like the late Mwalimu Julius Kambarage Nyerere, a single book is not adequate to capture all his thoughts. Nevertheless, The Nyerere Legacy and Economic Policy Making in Tanzania reflects on some of Nyerere's thoughts on poverty, the productive sector, delivery of social services, the external sector, fiscal issues, the environment, and governance issues, specifically corruption.




Electric Capitalism


Book Description

Although Africa is the most under-supplied region of the world for electricity, its economies are utterly dependent on it. There are enormous inequalities in electricity access, with industry receiving abundant supplies of cheap power while more than 80 per cent of the continent's population remain off the power grid. Africa is not unique in this respect, but levels of inequality are particularly pronounced here due to the inherent unevenness of 'electric capitalism' on the continent. This book provides an innovative theoretical framework for understanding electricity and capitalism in Africa, followed by a series of case studies that examine different aspects of electricity supply and consumption. The chapters focus primarily on South Africa due to its dominance in the electricity market, but there are important lessons to be learned for the continent as a whole, not least because of the aggressive expansion of South African capital into other parts of Africa to develop and control electricity. Africa is experiencing a renewed scramble for its electricity resources, conjuring up images of a recolonisation of the continent along the power grid. Written by leading academics and activists, Electric Capitalism offers a cutting-edge, yet accessible, overview of one of the most important developments in Africa today - with direct implications for health, gender equity, environmental sustainability and socio-economic justice. From nuclear power through prepaid electricity meters to the massive dam projects taking place in central Africa, an understanding of electricity reforms on the continent helps shape our insights into development debates in Africa in particular and the expansion of neoliberal capitalism more generally.




The Geographies of Garbage Governance


Book Description

Previously perceived as a local, technical issue for governments, waste management is now also a global, socio-political process involving complex patterns of multi-level governance. Yet these geographical complexities have not previously been considered in any detail. This book examines the neglected geographies of waste management, in particular, the integral processes of trans-localization and politicization that are emerging in waste networks. Illustrated by in-depth case studies from New Zealand and Ireland, it critically analyzes the interaction between political scales of governing waste, from the local to the supra-national level. It also looks at the impact of wider systems of governance, civil society and the private sector on waste management policy and practices. In doing so, the book provides a better understanding of waste governance and recommendations for better management of the waste sector in the future.