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Where is the boom that should have followed the end of Mozambique's bitter war? Postwar reconstruction is slow; the economic crisis continues. Peasants returned to the countryside, but no one came to buy their crops. Workers went back to their factories, but there was no money to buy their products. Hanlon has written widely about Mozambique; here he lays out the sad truths of the current situation. Deflation is the opposite of what is needed Mozambique has followed the IMF/World Bank prescription of structural adjustment: free market and deflation, deregulation and demand reductions. Wages, credit, and government spending have been cut. This stops the rebuilding of Mozambique in its tracks, and even prevents an active role by the private sector. The donors have launched an attack on the excesses of stabilization In 1995 donor representatives launched an unprecedented attack on the Bretton Woods institutions. Mozambique is one of the first African countries where postwar reconstructio
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Review:
The Mozambique news agency AIM reported that on a visit to Mozambique in February 1997 the World Bank president, James Wolfensohn 'had friendly words to say about one of the harshest critics of the Bank's policies towards Mozambique, writer and journalist... he does a very good job of combining his own interviews, thorough reading of the work of other researchers (including that of Mozambican scholars) and concise presentation of difficult ideas to construct a compelling sense of the senselessness of dono... it looks set to play a significant part in debates about the course of Mozambican politics and development. Like his earlier work, Peace without Profit eschews academic analysis for a readable and polemical journalism. Straightforward and easy
About the Author:
JOSEPH HANLON has published influential and provocative books on Mozambique and the battle against apartheid in southern Africa such as Beggar Your Neighbours and Mozambique: Who Calls the Shots?
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- PublisherHeinemann Library
- Publication date1996
- ISBN 10 0435074105
- ISBN 13 9780435074104
- BindingPaperback
- Number of pages192
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Peace Without Profit (African Issues)
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Heinemann
(1996)
ISBN 10: 0435074105
ISBN 13: 9780435074104
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Book Description Condition: Good. Your purchase helps support Sri Lankan Children's Charity 'The Rainbow Centre'. Ex-library, so some stamps and wear, but in good overall condition. May contain underlining and/or highlighting. Our donations to The Rainbow Centre have helped provide an education and a safe haven to hundreds of children who live in appalling conditions. Seller Inventory # Z1-C-037-02065
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