Brief Paper 2/1996: A Emergência Improvável de Empresários Nacionais nos Países da África Subsaariaana: Notícia dos primeiros balanços das políticas de liberalização
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.
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
The fact that the economies of East Asia and Southeast Asia have emerged as an example of relatively successful economic and social development has led many authors and, in particular, international economic institutions such as the “sisters in the woods” (the felicitous name given to the World Bank and the IMF by a survey in The Economist), to see the model of extroverted growth adopted by the countries of those regions as a real horizon and “manual for action” for the countries of Sub-Saharan Africa. The relative success of Mauritius in pursuing a strategy similar to this model has reinforced the idea that it is possible (and even desirable) to apply the Asian growth model to Black Africa. O(s) modelo(s) de desenvolvimento da Ásia Oriental e a África Subsaariana aims to discuss this “transferability”. To this end, we shall begin by summarising the characteristics of the Asian model(s), and then move on to confront the East Asian reality with that of Africa in order to determine whether the elements that proved fundamental to the success of the Far Eastern countries are present to the south of the Sahara.
Serra, António M. de Almeida. 1994. “O(s) modelo(s) de desenvolvimento da Ásia Oriental e a África Subsaariana”. Instituto Superior de Economia e Gestão – CEsA Brief papers nº 1-1994.