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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Tanzania, the IMF and the World Bank since the Arusha Declaration
Author:Hodd, M.ISNI
Periodical:The African Review: A Journal of African Politics, Development and International Affairs (ISSN 0856-0056)
Notes:biblio. refs., ills.
Geographic terms:Tanzania
East Africa
Subjects:World Bank
Economics, Commerce
Arusha Declaration
International Monetary Fund
Abstract:This paper examines flows of finance from the World Bank and the IMF to Tanzania in the periods before and after the Arusha Declaration (1967). The first section evaluates the general economic background, dividing the years from 1962 to 1984 into three periods (1962-1970, 1970-1979 and 1979-1984) from the viewpoint of the main economic indicators. The second section examines overall loan commitments by the World Bank to Tanzania, and the sectors of the economy to which they were assigned. The third section focuses on the balance of payments, and the contributions of IMF and World Bank financial flows to Tanzania's international payments. The final section considers some of the propositions that have been put forward regarding the influence of the World Bank and the IMF on the domestic economic strategy of Tanzania as this strategy has sought to implement the principles of the Arusha Declaration. Ref.