By J. Clapp
With the adoption of a global Bank-sponsored structural adjustment programme within the mid-1980s, Guinea underwent a dramatic switch in its monetary and agricultural guidelines. The country's adventure over the last decade illustrates the most urgent difficulties encountered by means of African nations pursuing financial reform. This publication analyses those problems via studying the adjustment adventure in Guinea because it affected the country's total political financial system and the rural quarter specifically. It additionally locations this situation in the broader context of African adjustment.
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Additional resources for Adjustment and Agriculture in Africa: Farmers, the State, and the World Bank in Guinea
Here the Bank focused on the issue of governance. The report stressed that 'underlying the litany of Africa's problems is a crisis of governance. '57 Stating that African governments needed to do away with corruption, it also stressed that local governments should be strengthened to allow for popular participation in the development process. The message put forth was that leaders should become more accountable to their people, and that likewise a development strategy should be centred on the people.
The conditions for good government are generally popular participation in the government and a sense of commitment on the part of the government to its people. 60 With respect to domestic institutional capacity, the Bank has also recast its original stance. The Berg Report mentioned the need for Africa, Agriculture and World Bank 27 stronger government agencies and institutions, but not much was offered in terms of advice on how to achieve it other than slimming-down the public sector bureaucracy and privatising parastatals.
Rather, it asserts that policy reforms were key to explaining differences in growth rates. 88 Thus it seems that the Bank has retreated from its earlier increased emphasis on external economic conditions by going to great lengths in the report to dismiss them as unimportant when compared to the effects of policy reform. It did, however, mention briefly toward the end of the report that there is a need for more relief of African debt, as well as more assistance, but only in conjunction with continued policy reform.
Adjustment and Agriculture in Africa: Farmers, the State, and the World Bank in Guinea by J. Clapp