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Tanganyika - Current economic position and prospects (English)

Tanganyika is a large, equatorial country on the East Coast of Africa. A considerable part of the country is an arid high plateau with low soil productivity and infested with the tsetse fly. The dynamic force in the economy is its increasing sale of primary products abroad. Despite lower prices, export receipts, chiefly from sisal, cotton, coffee, nuts and diamonds, increased 50 percent between 1954 and 1960, and the growth of the money economy more or less paralleled this expansion. Tanganyika's performance has been good and she is certainly one of the countries with a very low per capita income. She has her major development effort still ahead of her. In sum, while she should still have some margin for further conventional debt, the emphasis should increasingly be put; on the securing of aid on soft terms.

Details

  • Document Date

    1963/11/30

  • Document Type

    Pre-2003 Economic or Sector Report

  • Report Number

    AF13

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Tanzania,

  • Region

    Africa,

  • Disclosure Date

    2010/06/12

  • Disclosure Status

    Disclosed

  • Doc Name

    Tanganyika - Current economic position and prospects

  • Keywords

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Citation

Tanganyika - Current economic position and prospects (English). Africa series,no. AF 13 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/857461468116660110/Tanganyika-Current-economic-position-and-prospects