Thirty years in Africa's development: From structural adjustment to structural transformation?

No wp-2015-119, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Africa has come a long way since the economic turmoil of the 1980s, the decade of 'structural adjustment'. Growth has been strong, yet poverty remains high. Underlying the shortage of good livelihoods and high social inequality is the lack of diversification in Africa's economies—in contrast to Asia's success stories. Structural adjustment did not change the basic structure of economies. Many countries became mired in war in the 1980s and 1990s. This also brought about structural change, often of the worst kind.

Keywords: Poverty (search for similar items in EconPapers)
Date: 2015
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