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The World Bank and Sub-Saharan Africa: The Next Policy Paradigm

  • File Details
  • Size: 25MB
  • Creator / Author: Joan Addedis
  • Resource Type: Africa Capacity Report
  • # Download: 254
  • Access: Open to Download

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file 444.pdf
Basic Information
Creator / Author
Callisto Madavo
Geographic & Audience Details
Geographic Coverage
Classification & Domains
Subject
International Relations
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Abstract

The World Bank policy in Africa has evolved over the past three decades, ushering a new era in door donor relationship. The banks Structural Adjustment Programs (SAPs) in the 1980s, which were imposed on the developing world, including Africa, testified of its intrusive and domineering policy towards the continent. A One size fits all model of development programs was applied across the board regardless of African countries specificities, destroying the states capacities in the process. The disastrous effects of SAPs, particularly on the Sub-saharan Africa (SSA) countries, signaled the failure of the Banks policy in Africa. Africas leadership also shares part of the blame, as it bequeathed its governance responsibility to outsiders who set out policies and decided on the continents development agenda.
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Keywords

Structural Adjustment Program, Structural Reform, Donor Coordination
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