African economic development in a comparative perspective
批评传统解释忽视非洲经济停滞的因果机制，指出独立后投资热潮未能持续，结构调整失败，需结合殖民后与调整期经验制定新政策。
Conventional explanations of poor African economic performance generally fail to pay adequate attention to causal mechanisms of growth, decline and stagnation. Many African countries experienced investment booms after independence but, in contrast to East Asian newly industrialising economies, these were not sustained owing to failure to establish a virtuous growth circle involving complementary increases in savings and exports. Structural adjustment programmes dismantled stat-mediated mechanisms of accumulation without putting viable alternatives in place, and failed to tackle the structural constraints which impede productivity growth in agriculture. A new policy approach, drawing on the experience of both post-colonial and adjustment periods, is necessary. Copyright 2001 by Oxford University Press.