The essays collected in the present volume were originally presented at a conference on Responses to the Economic Crisis in Africa at the Stockholm School of Economics on 19-20 April 1991. However, the book has also a second origin. In the late 1980s, the Swedish International Development Authority (SIDA) began a programme of co-operation in macroeconomics and development with the Departments of Economics at the Universities of Lund and Gothenburg and the Department of International Economics and Geography at the Stockholm School of Economics. The majority of the authors represented in the book are involved in this programme, writing on such issues as stabilization, structural adjustment, growth, distribution and reforms.
We are greatly indebted to SIDA for financing the project and for taking an active part in the conference. Thanks are also due to Carin Blomkvist for shouldering a heavy burden in the organization of the conference and in the preparation of the manuscript for publication.
Stockholm, August 1992