African countries have had to tackle difficult problems of underdevelopment in their various forms in the last 45 years or so. Most of the emphasis has largely been geared towards overcoming economic problems, at times to the detriment of social and political considerations. These problems have, more often than not,  been viewed in terms of scarcity of capital and technology. It is in this regard that African countries have sought assistance from developed countries and the Bretton Wood institutions. Despite the flow of some financial resources over the years in many of these countries, it seems the socio-economic situation has tended to deteriorate even more. It was in this context that lending institutions such as the International Monetary Fund (IMF) and the World Bank sponsored Structural Adjustment Programmes (SAPs) as a means to redress the poor economic conditions of these countries starting from the late 1970s. These institutions had come to the conclusion that orthodox approaches do not work, since these had resulted into the worsening of the situation, which has led to  fall in the standards of living, poorer health and education facilities and higher foreign debts.

TASAM Africa Institute will fill a great gap in its field and light the way for Africa's future with its researches on social, economic, political and cultural issues. (Chairman of TASAM Süleyman ŞENSOY)