The Economist - USA (2022-01-29)

(Antfer) #1

42 MiddleEast&Africa TheEconomistJanuary29th 2022


severalWesterncountriesto threatento
withdrawtheirforces.EvenifBurkinaFa­
so’sputschistsdonotfalloutsospectacu­
larlywiththeWest,relationsareboundto
becomemorefraught.
The region’s long­suffering citizens
seemtobelosingfaithindemocracy.In
BurkinaFasopeopleroseupin 2014 tokick
outBlaiseCompaoré,whohadfirsttaken
powerina coup 27 yearsearlier.Shortlybe­
forethisjust24%toldpollstersfromAfro­
barometerthattheyapprovedofthearmy
runningthecountry.Yetby 2018 sentiment
hadswungsharply:almost50%ofBurki­
nabéssupported militaryrule.Afterthe
coup on January 23rd people jubilantly
dancedanddrummedinthecapital.Some
wavedRussianflagsorburnedtheFrench
one.Thenewlotcan’tbeworsethanthe
oustedpresident,said Aliou Ouedraogo,
oneofthosecelebrating.
Mr Kaboré seems to have been well
awareoftheriskofa coup.BurkinaFaso
hassufferedeightsuccessfulputschesand
manymoreattemptedonessinceitgained
independencefromFrancein1960.InDe­
cemberhereshuffledhiscabinetandputa
generalinchargeofthedefenceministry,
replacinga civilian.OnJanuary11ththese­
curityforcesarrestedeightsoldiersforal­
legedlyplottingagainstthegovernment,
amongthemanofficersaidtohavetrained
withColonelDamiba.
Insecurityunderpinsthelatestputsch.
In June last year jihadists slaughtered
morethan 100 peopleinSolhan,a villagein
thenorth (see map). In Novemberthey
killed 49 policeofficersandfourcivilians
near Inata,another northerntown. The
soldierstherehadrunoutoffoodandhad
beenforcedtocommandeerlivestock,ac­
cordingtoa memotheysenttheirsupe­
riors.MrKaboréboastedofhavingbumped
upthesecuritybudgetbutlittleextragear
seemedtomakeittothefrontlines.After
theslaughterinInataangryprotestersral­
liedinthecapitalagainstthegovernment
andFrenchforces.
Thecoup’smainbeneficiariesmaywell

be thejihadists.The junta willhave its
handsfullconsolidatingpowerinthecap­
italandseeingoffthepossibilityofa coun­
ter­coup.Thatmayleavea vacuuminthe
countrysideforjihadiststofill.
InMalithesoldiersnowrunningthe
government have not done abetter job
thanciviliansatmaintainingsecurity.In
fact,thearmy’swithdrawalfromembat­
tledtownsandbaseshasacceleratedsince
the coups there, says Héni Nsaibia of
Menastream,a consultancy.
TheAfricanUnionandtheEconomic
Community ofWestAfricanStates(eco-
was), a regionalbloc,havecondemnedthe
coupinBurkinaFasoandcalledforthere­
leaseofMrKaboré.Somemayseeironyin
its demand: threeof ecowas’s 15 mem­
bers—Mali,GuineaandBurkinaFaso—are
nowledbymenwithguns.Othermembers
maybemoreworriedaboutthespreadof
insurgentsthanaboutdemocraticniceties.
Jihadists are steadily moving south
fromBurkinaFasointoIvoryCoastandBe­
nin, wherethenumberofattacksisin­
creasing.Stoppingthemwillrequirenot
justbettergovernancebutalsomoreco­
operationbetweencountriesintheregion,
theirarmedforcesandpoliticians,andbe­
tweenlocalarmiesandtheirforeignback­
ers.Thathasneverlookedmoreelusive.n

SAHEL

BURKINAFASO

GHANA
IVORYCOAST

BENIN

NIGER

MALI

TOGO

Ouagadougou

Inata

Solhan

SAHEL

Source:ACLED 5Deaths^25

Violenteventsinvolvingjihadistgroups
Jan1st2021-Jan2th 2022
50

150 km

EmmanuelTumusiime-Mutebile

Market preacher


S


ometimes changing an economy
starts with a metaphor. In 1992 Emman­
uel Tumusiime­Mutebile, the top civil ser­
vant  in  Uganda’s  financeministry,  began
comparing inflation to indiscipline in the
army.  He  knew  that  would  resonate  with
Yoweri  Museveni,  a  rebel  who  had  fought
his way to power six years earlier. Soon the
president  was  declaring  that  “inflation  is
indiscipline.”  The  slogan  was  pinned  on
office walls and Mr Mutebile was given a li­
cence to slash spending. Inflation fell from
200% to single digits in a few months.
The  formidable  Mr  Mutebile  would
spend another decade at the ministry, and
two more at the helm of the Bank of Ugan­
da. When he died on January 23rd, aged 72,
he  was  the  longest­serving  central  bank
governor in Africa. But his most enduring
legacy  is  those  frenetic  years  in  the  1990s
when he pushed his country decisively to­
wards  the  free  market.  It  was  a  time  of
fraught,  painful  change  across  the  conti­
nent, often spurred by the World Bank and
imf.  As  the  career  of  Mr  Mutebile  shows,

reform  went  furthest  when  pushed  by  lo­
cals who actually believed in it.
Mr  Mutebile  was  used  to  telling  presi­
dents  what  they  didn’t  want  to  hear.  As  a
student he stood up in a meeting to tell Idi
Amin,  a  capricious  despot,  that  it  was
wrong to expel Ugandan Asians. Mr Mute­
bile  subsequently  fled  the  country—dis­
guised, the story goes, as an Asian refugee.
For most of the 1970s he studied and taught
economics in Britain and Tanzania.
The collapse of the economy back home
gave  him  an  obsession  with  macroeco­
nomic stability. He spoke about it at every
meeting;  his  colleagues  said  he  was
“preaching the gospel”. In the 1990s, when
he had more power than any of the minis­
ters  above  him,  Uganda  took  an  axe  to
spending,  cut  tariffs,  sold  state­owned
firms  and  unified  parallel  exchange  rates.
Other  African  countries  made  similar  re­
forms, but rarely with such conviction. Mr
Mutebile’s admirers were in awe of his te­
nacity. Abebe Aemro Selassie, the director
of the imf’s African Department, describes
him  as  a  “lion  of  a  policymaker”  who  laid
the ground for rapid gdpgrowth.
Not  everyone  was  so  enamoured.  Crit­
ics  said  Mr  Mutebile  was  too  close  to  the
authoritarian regime he served. In 2011, de­
spite  his  grumbling,  the  central  bank
helped  finance  an  election­related  spend­
ing  splurge.  Inflation  subsequently
jumped  (see  chart),  and  security  forces
shot  protesters  in  the  streets.  There  were
questions, too, about the bank handing ov­
er $741m to buy Russian fighter jets.
But  the  biggest  challenge  was  one  that
Mr Mutebile himself acknowledged: Ugan­
da’s  vaunted  stability  had  not  sparked  in­
dustrialisation  or  created  enough  jobs.
That  is  a  problem  in  much  of  Africa,  and
younger  policymakers  are  cautiously  re­
visiting  ideas  of  a  more  interventionist
state. They can afford to do so only because
“the basics have been handled,” argues Da­
moni  Kitabire,  an  economist  who  worked
alongside  Mr  Mutebile  inthe1990s.  The
heyday  of  the  free­market generation  is
passing. Its legacy runs deep.n

K AMPALA
A Ugandan economist who changed
his country has died

Flattening the curve
Uganda, consumer prices
% change on a year earlier

Source: IMF *Estimate

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