Brief Paper 2/1996: A Emergência Improvável de Empresários Nacionais nos Países da África Subsaariaana: Notícia dos primeiros balanços das políticas de liberalização
Title: Brief Paper 2/1996: A Emergência Improvável de Empresários Nacionais nos Países da África Subsaariaana: Notícia dos primeiros balanços das políticas de liberalização
Author(s): Leite, Joana Pereira
Publication Date: 1996
Publisher: ISEG - CEsA
Quotation: Leite, Joana Pereira. 1996. "A emergência improvável de empresários nacionais nos países da África Subsaariaana : notícia dos primeiros balanços das políticas de liberalização". Instituto Superior de Economia e Gestão – CEsA Brief papers nº 2-1996
Abstract: About fifteen years after the Bretton Woods institutions started imposing market discipline on the countries of Sub-Saharan Africa, the assessment of the liberalisation experience should not be indifferent to political leaders and economic players in the region. In fact, everything indicates that the policies of return to the market advocated by the neo-liberal theses, with the aim of overcoming the financial and economic crisis which, at the beginning of the 1980s, called the nationalisation model into question, did not produce the expected results. One of the vectors of this strategy was the transition from state-managed economies to price-regulated economies. Taking into account the validity of the neoclassical theses, the aim was the automatic establishment of the necessary conditions for the emergence of modern entrepreneurs. These would be the only agents capable of ensuring the restructuring of a weakened economic fabric after a long period of predatory management by the state, and invaded by growing dynamics of informality. The unlikely emergence of national entrepreneurs in the countries of sub-Saharan Africa: news on the first results of liberalisation policies is not intended to recall the "formal/informal" debate, so dear to the economic literature of the last two decades. Bearing in mind the extreme economic complexity of African societies, the aim is simply to highlight some relevant, though not always evident, aspects of recent reflection on the difficult emergence of the African business class in the context of adjustment policies.
Identifier: http://hdl.handle.net/10400.5/2118
Category: Working paper
Abstract:
About fifteen years after the Bretton Woods institutions started imposing market discipline on the countries of Sub-Saharan Africa, the assessment of the liberalisation experience should not be indifferent to political leaders and economic players in the region. In fact, everything indicates that the policies of return to the market advocated by the neo-liberal theses, with the aim of overcoming the financial and economic crisis which, at the beginning of the 1980s, called the nationalisation model into question, did not produce the expected results. One of the vectors of this strategy was the transition from state-managed economies to price-regulated economies. Taking into account the validity of the neoclassical theses, the aim was the automatic establishment of the necessary conditions for the emergence of modern entrepreneurs. These would be the only agents capable of ensuring the restructuring of a weakened economic fabric after a long period of predatory management by the state, and invaded by growing dynamics of informality. A emergência improvável de empresários nacionais nos países da África Subsaariaana: notícia dos primeiros balanços das políticas de liberalização is not intended to recall the “formal/informal” debate, so dear to the economic literature of the last two decades. Bearing in mind the extreme economic complexity of African societies, the aim is simply to highlight some relevant, though not always evident, aspects of recent reflection on the difficult emergence of the African business class in the context of adjustment policies.
Quotation:
Leite, Joana Pereira. 1996. “A emergência improvável de empresários nacionais nos países da África Subsaariaana : notícia dos primeiros balanços das políticas de liberalização”. Instituto Superior de Economia e Gestão – CEsA Brief papers nº 2-1996
