Publisher's Synopsis
Up until 1997 it was widely held that the East Asian economies provided a good example to the economies of Sub-Saharan Africa. Then, after the Asian crisis of 1997-8 equally broad brush - though less positive - lessons were drawn. By contrast this comprehensive book focuses on the prevailing conditions in Asia and Africa under various macroeconomic and sectoral themes in order to provide in depth explanations for the divergent development experiences of the two regions. Seeking to go further than the simple comparison of policies, the book carefully examines the institutional context for policy implementation within which growth and development have proceeded in the regions.