Post-Stabilization Economics in Sub-Saharan Africa: Lessons from Mozambique by ProQuest


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									                                                                 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
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