The key messages from this article are (a) African countries should learn from their failed past adjustment policies; (b) development policies, including exchange rate regimes, should be predicated on ...

This paper seeks to analyse the causes, manifestations, and trajectory of the economic crisis that has engulfed Africa since the early 1970s. It argues, contrary to orthodox analyses of conventional ...

Is Kenya undergoing a contemporary iteration of the Structural Adjustment Programmes (SAPs) that were implemented across Africa in the 1980s and 1990s?

Structural adjustment usually combines the following elements : devaluation of the national currency (in order to bring down the prices of exported goods and attract strong currencies), rise in ...

JOHANNESBURG, South Africa, Oct 7 2025 (IPS) - The World Bank's 1981 Berg Report provided the blueprint for structural adjustment, including economic liberalisation in Africa. Urging trade ...

Africa Today publishes peer-reviewed scholarly articles, book reviews, and short features on topics related to contemporary Africa and its diasporas. It seeks to be a venue for interdisciplinary ...

After decades of criticism for its heavy-handedness, did the International Monetary Fund really change its lending practices? Since the onset of the global financial crisis in 2007-2008, a number of ...

The Minister of Agriculture and Rural Development, Mr Audu Ogbeh, has blamed Nigeria’s economy crisis on the Structural Adjustment Programme (SAP) introduced by former Head of State, General Ibrahim ...

It is now mandatory to offer a critique of the structural adjustment programme, SAP. Such a critique, I believe, is not incompatible with the highest of patriotic duties. Indeed, such a critique can ...

On the 16th of May 2001 there was a protest against the financial exclusion of five hundred students on the campus of what was then the University of Durban-Westville in the city of Durban. A police ...

The Open Society Foundations’ latest report, ‘Analysis of the Nexus between Democratic Governance and Economic Justice in Africa’, authored by Senegalese development economist Ndongo Samba Sylla, ...