In This Review

African Debt and Financing
African Debt and Financing
Edited by Carol Lancaster and John Williamson
Institute for International Economics, 1986, 223 pp

This excellent collection provides the most searching examination so far of Africa's debt crunch and mechanisms for dealing with it. In the process, its expert group of contributing authors roams more widely-and profitably-over African development issues generally. The overall result: an unusually realistic appraisal of the prospects for conditionality in Africa, and suggestions for ways to move forward while tacking with prevailing winds.