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    Policy Reform and the Economic Development of Tanzania.

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    Publication date
    2005-12
    Author
    Potts, David J.
    Keyword
    Economic Policy
    Aid
    Export performance
    Investment
    Tanzania
    Rights
    © 2005 Potts, D. This work is licensed under a Creative Commons Attribution-Non-Commercial-Share-Alike License (http://creativecommons.org/licenses/by-nc-nd/2.0/uk).
    Peer-Reviewed
    No
    
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    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.
    URI
    http://hdl.handle.net/10454/3031
    Version
    published version paper
    Citation
    Potts, D. (2005). Policy Reform and the Economic Development of Tanzania. University of Bradford, Bradford Centre for International Development. BCID Research Paper No. 14.
    Link to publisher’s version
    http://www.brad.ac.uk/acad/des/research/papers/Researchpaper14Potts.pdf
    Type
    Working Paper
    Collections
    Social Sciences Publications

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