Towards Democratic Developmental States in Southern Africa
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By Editorial | August 14th, 2017 During the 1980s and 90s – the lost decades of development for Sub-Sahara – African states implemented Structural Adjustment Programmes at the behest of the IMF and World Bank. The new millennium, however, witnessed a change of fortunes, marked by rising growth at an annual average of at least 5% during the period 2000-2015. This sustained growth was driven by increased demand for Africa’s primary commodities largely from emerging economies, especially China, as well as improved economic management. The 3 December 2011 edition of The Economist changed its ‘basket-case’ prognosis of the previous decade towards a positive outlook for...