Stabilisation: For Growth or Decay?

Edited by: Chris Coclough and Reg Green

January 1988
Volume 19 Number 1

In one sense the perceived needs to stabilise virtually all African economies, and to secure their structural adjustment to new external realities, are no longer judged controversial both within and outside the African continent. It is now widely accepted that stabilisation defined as removing untenable macroeconomic imbalances - has become essential. But, at another level, the disagreements have intensified.