Policy Reform in Africa: How Effective?
The United Nations Special Session on the Critical Ecnomic Situation in Africa concluded in June 1986 with the Adoption of a Programme of Action which included an explicit recognition of African policy failures and the need for reform:The endogenous aggravating factors include deficiencies in institutional and physical infrastructures, economic strategies and policies that have fallen short, in some cases, of achieving their objectives, disparities in urban and rural development and income distribution, insufficient managerial/administrative capacities, inadequate human resource development and lack of financial resources...Urgent, far reaching and imaginative economic policies are required to avert further deterioration in the economic conditions in Africa...