Debt and destruction in Senegal: A study of twenty years of IMF and World Bank policies

From the early years of Senegal’s Independence up to the late 1980s the
State played a major role in economic and social development, due to the
dearth of an indigenous private sector and the necessity to meet some of
the most pressing needs of the population. The legitimacy and stability of
the post-Independence political system depended in large measure on its
ability to satisfy those needs. During the 1960s and 1970s, Senegal
achieved some significant results, thanks to the performance of the
agricultural sector and the strength of its exports.