Researchers observed that in Tanzanian villages before economic liberalization and after, there is no real change in terms of developmental levels, income, education, and business.
Under pressure from the IMF and World Bank, Tanzania liberalized its economy in the mid-1980s. It deregulated its agricultural sector, relaxed control on prices, ended subsidies, and opened up space for private players.
Despite the promise of global financial institutions that economic liberalization would boost growth and therefore employment, and that agriculture would also benefit from this, there is no real transformation on the ground. Instead, labor productivity and agricultural yields have gone down. Food availability and nutrition remains an entrenched problem.
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