Africa: Politics and Societies South of the Sahara

Economic Liberalisation in Tanzania Fails to Address Poverty

Posted in African Politics, Global Africa, Tanzania by ruben eberlein on June 12, 2009

[Policy Forum, Dar es Salaam] In its recent publication, ‘Tanzania: the story of an African transition’ the IMF argues that in the last two decades the Tanzanian economy went through a period of successful transition in which economic liberalization and institutional reform led to a recovery of GDP growth to more than 7 % per year since 2000. A note by the Policy Forum demonstrates that this ‘successful transition’ has failed to bring poverty reduction, that most of the progress has occured in Dar es Salaam and not in rural areas, and that it is associated with the poorest getting poorer and the richest richer. (more…)