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ECONOMY
Nicolaus Shombe
PHD14407
23rd December, 2014
Outline
Part I: Pre-colonial era
The social forms of pre-colonial Tanzania
Society and economic activities
Trading with outside traders
Independence
State formation
Socialism and Arusha declaration
Colonial legacy and colonial path dependency
Tanzania Overview
Population 47.4 million
(2014 estimates)
Total area - 947,303 km2
GDP (PPP) - $86.4 billion
(2013)
Per capita - $1,813 (2013)
GDP (nominal) - $36.6
billion
Per capita - $768
State formation
Conclusion
Tanzania is most stable countries in Africa
Economy has been growing at average of 7% for
the past decade with stable macro economic
indicators
Still agrarian economy with 75% of population
Still depending on the export raw material
including crops and minerals and import
manufacturing goods
Series of events (Slave trade, colonialism,
socialism and market economy) disturbed growth
path of Tanzania
REFERENCES
Austin G, (2008), the Reversal Of Fortune Thesis And The Compression Of
History: Perspectives From African And Comparative Economic History
Herbst . J, (2002). States and Power in Africa
Iliffe J, (1979), A Modern history of Tanganyika. Cambridge university press
Nunn. N, (2007). Historical legacies: A model linking Africas past to its current
underdevelopment
Nyerere in Action
2011