Sound Ideas (University of Puget Sound) · 2001 · 31 citations · 0 references
Social SciencesEconomicsEconomic DevelopmentEconomic PolicyInternational EconomicsAfrican EconomiesInternational Monetary RelationsMonetary PolicyStructural AdjustmentTrade LiberalizationGlobal Financial LiberalizationInternational Financial LiberalizationInternational Monetary ReformMarket LiberalismStructural Adjustment PoliciesStructural Fiscal AdjustmentWorld EconomyWorld Trade Organization Reform
This article examines the results of economic reform programs since the mid-1980s in Morocco, Algeria, Tunisia, and Egypt. Although these states have liberalized their economies in the face of international and domestic market forces, ruling elites have been adept at maintaining control over the distribution of resources. Selective reforms have prevented the emergence of competitive markets and powerful, autonomous private sectors and have yet to induce a transition to political liberalism and accountable government in North Africa.