Since the 1990s, Tanzania has been emerging from its socialist past
and adapting to the globalized market system. The government has
instituted economic reform, including liberalization of agricultural
marketing, lifting of foreign exchange controls, deregulation of
price controls, privatization of state-owned parastatals, and implementation
of a new investment code offering competitive incentives for foreign
investment. These significant economic reforms have been coupled
with impressive macroeconomic stability, leading to steady growth
over the last ten years. Still, Tanzania remains one of the poorest
countries in the world and is highly dependent on foreign aid...
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