Monday, November 8, 2010
The Gambia's Economic Crises of the 1980s
I read an article a few years a ago with rather a long title, Aid flows and Policy Reforms: A General Equilibrium Analysis of Adjustment and the Poor in The Gambia by Dorosh and Lundberg. What caught my attention about the paper was not just the CGE model for The Gambia which I had wrongly assumed was never done for the country but chapter 3 of the paper. This chapter deals with the events leading up to the 1984 Economic Crisis and the subsequent ERP (Economic Recovery Program) that was implemented in 1985/86. Chapter 3 is about 6 pages, but one of the most insightful 6 pages you'll read on the history of the Gambian economy. Here is a link to the article, chapter 3 starts from page 10.
MBCM Lecture Slide and Guest Lecture Slide
Here are the slides for the last class (Lecture 6) and the powerpoint presentation from the guest lecture of Mr Sanneh from Standard Chartered Bank.
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