For many years Tanzania was the darling of international aid agencies. During the 1970s it received more assistance per capita than any other nation in the world. And yet, the economy performed dismally: growth was negative, exports collapsed, and poverty increased massively. In the mid 1980s, howev[...]
The political and economic history of Latin America has been marked by great hopes and even greater disappointments. Despite abundant resources - and a history of productivity and wealth - in recent decades the region has fallen further and further behind developed nations, surpassed even by other d[...]