Toxic Aid: Economic Collapse and Recovery in Tanzania
Sebastian Edwards (Henry Ford II Professor of Economics, Henry Ford II Professor of Economics, Anderson Graduate School of Management, University of California, Los Angeles)
Toxic Aid: Economic Collapse and Recovery in Tanzania
Sebastian Edwards (Henry Ford II Professor of Economics, Henry Ford II Professor of Economics, Anderson Graduate School of Management, University of California, Los Angeles)
This book provides an economic history of Tanzania since independence in 1961. It covers the policies of African Socialism and the Arusha Declaration, the collapse of the early 1980s, the rocky relationships with the IMF, and the reforms of the 1990s and 2000s. This book shows that the relationship between foreign aid economic is highly complex, and that the effect of foreign assistance on poor countries performance depends on historical circumstances, ownership of programs, and the involvement of the local communities.
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