Provides an economic history of Tanzania since independence in 1961. It covers the policies of African Socialism and the Arusha Declaration, the collapse of the early 1980s, the relationship with the IMF, and the reforms of the 1990s and 2000s.
Sebastian Edwards is the Henry Ford II Professor of International Economics at the University of California, Los Angeles. He is the Co-Director of the National Bureau of Economic Research's 'Africa Project.' From 1993 to 1996 he was Chief Economist for Latin America at the World Bank. He has published 14 books, including two best-selling novels, and over 200 scholarly articles. He has been an advisor to numerous governments, financial institutions, and multinational companies. He is a frequent commentator on economic matters on CNN and other cable outlets, and his op-ed pieces have been published by the Wall Street Journal, the Financial Times, the Los Angeles Times, El Pais (Spain), La Vanguardia (Spain), and other newspapers from around the world. His latest book is Left Behind: Latin America and the False Promise of Populism (University of Chicago press, 2011). Professor Edwards received an MA in economics in 1978, and a PhD in economics in 1981, both from the University of Chicago.