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Periodical article | Leiden University catalogue | WorldCat |
Title: | External trade liberalization: the Tanzanian experience |
Author: | Tarimo, Ben |
Year: | 1996 |
Periodical: | Tanzanian Economic Trends (ISSN 0856-3373) |
Volume: | 9 |
Issue: | 1-2 |
Period: | June-December 1996 |
Pages: | 13-30 |
Language: | English |
Notes: | biblio. refs. |
Geographic terms: | Tanzania East Africa |
Subjects: | trade policy Economics, Commerce Foreign trade Economic liberalization Foreign exchange control monetary policy Economic implications |
Abstract: | The economic crisis of the early 1980s compelled the government of Tanzania to review its foreign exchange management and, in particular, foreign trade policy. Sequel to that, both export and import policies were reviewed and a number of policy measures have been instituted to increase efficiency not only in the management of foreign trade per se, but also to harmonize the payment and settlement systems. The present author analyses the implications of liberalizing foreign trade in the Tanzanian context. He starts by distinguishing the concept of 'trade liberalization' from that of 'free trade', and then outlines the conduct of foreign trade in a liberalized economic framework. He analyses Tanzania's actual performance under liberalization and the impact on local production, and briefly outlines challenges in increasing efficiency in the conduct of Tanzania's foreign trade in conclusion. App., bibliogr. |