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Policy Reform and the Economic Development of Tanzania.

By David J. Potts

Abstract

This paper reviews the long-term economic performance of Tanzania since independence using long-term series of key economic and social indicators constructed from a variety of sources. The disastrous export performance for most of the period under consideration can be attributed partly to domestic policy failures and partly to a hostile external environment. However inconsistent donor support to a highly aid dependent economy at times exacerbated the constraints imposed by persistent foreign exchange shortages. Greater stability in funding and a more flexible policy dialogue are needed. The extent to which a small and poor economy with a weak indigenous private sector can rely on foreign private investment to finance investment in the early stages of adjustment is questioned. Investment in human capital beyond primary school level is also needed if growth is to be sustained.BCID research papers: http://www.brad.ac.uk/acad/bcid/research/papers/BCID_Research_Papers.ph

Topics: Economic Policy, Aid, Export performance, Investment, Tanzania
Publisher: Bradford Centre for International Development
Year: 2005
OAI identifier: oai:bradscholars.brad.ac.uk:10454/3031
Provided by: Bradford Scholars

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Citations

  1. (1983). War in Uganda: The Legacy of Idi Amin Dar es Salaam:

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