Tanzania's Travail: Lessons in Improving American Aid to the Third World


 

Publication Date: November 1991

Publisher: Heritage Foundation (Washington, D.C.)

Author(s): Thomas P. Sheehy

Research Area: Economics

Keywords: Middle East

Type: Report

Abstract:

America’s interests in Africa have changed significantly with the Cold War’s demise. There remain valid reasons to assist African countries in developing economically. However, there are no valid reasons to do so inefficiently, or to tolerate the continued wasting of America’s scarce economic development dollars by propping up stagnant economies that are not being transformed rapidly into genuine market economies.