Synopsis In Africa, more than a decade of economic reforms produced a few cases of renewed growth as also optimism.  Of course, all countries in the region, which were, confronted with several constraints e.g. low human capital development, inadequate infrastructure, rapid population growth etc.  Growth and development require a predictable regulatory framework and transparent public administration along with an independent judiciary.  All these are necessary for securing legitimacy of state.  Of various structural adjustment programs launched as per advice of the World Banks and IMF, serious social costs were observed.  In recent years, significant progress has been observed along with several ongoing conflicts.  It is for state to help create growth-enhancing environment.  Various reform programs were launched by the donors as per the Washington consensus view based on traditional wisdom of the U.S. Treasury, IMF and world Bank and not on any serious analysis of African performance.  This book bring together recent research on the following element of Africanrestructuring.: Social development in Africa, Governance and Growth in Sub-Sahara Africa, Structural adjustment Programs, Structural Adjustments-Performance review, Social dimensions of adjustments, Trade, aid and investment in Africa, Trade liberalization and investment slumps, foreign exchange markets in Africa, Policy making and restructuring.