While there is no attempt in the book (much less this review) to ascribe credit or blame to the "Washington Consensus" institutions, their influence is clear, though the Mozambican government channeled it in its own desired directions by formulating a clear poverty reduction strategy and asking donors to fund it. The chapter on export performance attributes success in this area to a few large megaprojects, rather than to a traditional approach of managing the real exchange rate to encourage response by rural producers.
Book Reviews 199 understanding of the complex political processes and forces at play, and of how they in turn affect the economy. Resorting to neopatrimonialism as an explanatory paradigm based on the depredations of personalist rule opens the book to the criticism that it is beholden to the thesis of the criminalization of the state—thus associating state failure in Africa and Asia with predatory elites, institutional weakness, and misrule. Yet such a paradigm provides only a reductionist, descriptive account of politics, without addressing historical specificities or explaining the role of external/transnational interventionist policies and actors. Plac- ing the entire blame for the failure of neoliberal economic reforms on the corruption of the ruling elites, on institutional weakness, and on policy flip- flops reveals the economic liberalism that defines the author’s analysis and the values that the study seeks to promote. Such gaps and ideological values notwithstanding, the author’s task of “examining the relationships among politics, institutional change, and eco- nomic growth in Indonesia and Nigeria” (4) is brilliantly executed. This well-researched book is essential for scholars, policymakers, students, and all those keen on understanding the politics and crisis of development in the third world, drawing on the experiences of two important cases: Indo- nesia and Nigeria. Cyril I. Obi Nordic Africa Institute Uppsala, Sweden Jean A. p. clement and Shanaka J. peiris, eds. Post-Stabilization Economics in Sub-Saharan Africa: Lessons from Mozambique. Washington, D.C.: International Monetary Fund, 2008. viii + 397 pp. Maps. Figures. Charts. Notes. Abbreviations and Acronyms. Bibliographies. $28.00. Paper. In a continent that too often generates stories of poverty, stagnation, and d
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