Description: The first of two companion volumes on trade shocks in controlled economies, the authors here address the relationship between micro and macroeconomics through analysis of an external macro shock--the coffee price boom--on two developing countries whose similarities end at the level of governmental organization and objectives. Using microeconomic analysis and household survey data, they focus on crop prices, access to consumer goods, and provision of public services in Kenya and Tanzania.
Review Quotes: "This impressive study investigates the impact on peasant farmers of external shocks in the form of volatile prices of coffee from 1975 to 1983....Recommended for upper-division and gradaute collections."--Choice