Structural Adjustment Reconsidered

In this 1998 study the authors isolate the effect of specific policy measures associated with adjustment programs in ten African countries.

2. Poverty in Africa

This title was first published in 2001: Bringing together geographers, planners, political scientists, economists, rural development specialists, bankers, public administrators and other development experts, this volume questions the benefits of Structural Adjustment Programmes (SAPs). It critically assesses the impact of SAPs from a wider perspective than a purely economic one, highlighting concerns about impacts of adjustments on the more vulnerable elements of society such as social welfare, the environment, labour, gender and agriculture. Revealing both the costs and benefits of the economic restructuring programme, the book also suggests alternatives to current development models, and how SAPs can be made more sustainable. An original and comprehensive addition to the collections of both students and practitioners of development.

Our Continent, Our Future presents the emerging African perspective on this complex issue. The authors use as background their own extensive experience and a collection of 30 individual studies, 25 of which were from African economists, to summarize this African perspective and articulate a path for the future. They underscore the need to be sensitive to each country's unique history and current condition. They argue for a broader policy agenda and for a much more active role for the state within what is largely a market economy. Finally, they stress that Africa must, and can, compete in an increasingly globalized world and, perhaps most importantly, that Africans must assume the leading role in defining the continent's development agenda.

This title represents the most forward thinking and comprehensive review of development economics currently available.

Leading Issues in Black Political Economy brings together the foremost experts on issues ranging from employment, training, and education of African Americans. It also emphasizes macro-economic concerns of business development with special emphasis on long-term trends of black-owned businesses. The work emphasizes welfare considerations in an anti-welfare epoch, and the role of affirmative action now that it is under attack. Attention is given to the role of race in the continuing disparity of income distribution in American society. The highlights of Leading Issues include "An Employment and Business Strategy for the Next Century: A Comment," by Thomas D. Boston; "Long Term Trends and Prospects for Black-owned Business," by Andrew F. Brimmer; "Is the U.S. Small Business Administration a Racist Institution?" by Timothy Bates; "Worker Re-Training and Labor Market Outcomes: A New Focus for Labor Research," by James B. Stewart; "Race, Cognitive Skills, Psychological Capital, and Wages," by Arthur H. Goldsmith, William Darity, Jr., and Jonathan R. Veum; and "Reparations and Public Policy," by Richard F. America. The overall findings suggest that empirical wage equation specifications do matter. The role of psychological capital is critical in the marketplace. Race is indeed an important determinant of wages-especially when the influence of both cognitive skills and psychological capital are included in the wage equation. This volume will be of crucial interest to economists, political scientists, sociologists, and policy analysts studying African-American life. Thomas D. Boston is editor of the Review of Black Political Economy and professor of economics at the Georgia Institute of Technology. He is the co-editor, with Catherine L. Ross, of The Inner City: Urban Poverty and Economic Development in the Next Century, also available from Transaction.