Africa’s Cold War
The LRB Podcast
00:00
The Difficulties Faced by African Countries Since Independence
The structure of the adjustment programs that were put in place by the IMF and the World Bank have had devastating consequences on many, for many African countries. I mean, the Western approach to restructuring and adjustment has always been anti-redistributive. Therefore, you can really have only one sort of project which falls far short, really, even of social democracy. You've got to have a system that's efficient and lean and one that proposes minimal government."
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