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The Evolution of States, Markets, and Civil Institutions in Rural Africa
Published online by Cambridge University Press: 11 November 2008
Extract
Since independence most sub-Saharan African countries have retrogressed from an early period of rising expectations and optimism to growing difficulties in the 1970s and early 1980s, followed by a painful era of stabilisation and structural adjustment measures. A large part of the blame for so many unfavourable developments, notably stagnating growth and untenable domestic and external account imbalances, can be attributed to the nature of the African state.
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References
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