This book aims to analyze Lesotho's prospects for economic advancement, and examines the influence of the policies and economic development of South Africa on Lesotho's own potential for development.

In this book, the authors outline the features that make Lesotho unique, tracing its history and discussing the peculiar structure of Lesotho's labor reserve economy and the effects it has on development, politics, society, and culture.

This book is concerned with the problem of achieving sustained economic growth in thirteen African countries. Structural adjustments designed to remove imperfections have made it difficult for the market system to work optimally.