| Senegal's first president, Léopold Sédar Senghor who retired in1981, replaced multiparty democracy with an authoritarian regime. In 1973 Senegal and six other nations created the West African Economic Community. When rising oil prices and fluctuations in the price of peanuts, a major export crop, ruined the economy in the 1970s, Senghor reversed course. He emphasized new industries such as tourism and fishing. When the economy continued to stagnate, and with it Senghor's popularity, he resigned after 20 years at the helm in favor of his protégé, Abdou Diouf. Diouf, who led the country for the next 20 years, initiated further economic and political liberalization, In March 2000, opposition party challenger Abdoulaye Wade won 60% of the vote in multiparty elections. Diouf stepped aside in what was hailed as a rare smooth transition of power in Africa. In Jan. 2001, the Senegalese voted in a new constitution that legalized opposition parties and granted women equal property rights with men. |