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Author: Mrs.Claire Liuksila
Publisher: International Monetary Fund
ISBN: 9781557755254
Category : Business & Economics
Languages : en
Pages : 104
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Book Description
This booklet is a collection of papers presented at a seminar on policies for growth in Africa, held in Paris in February 1995 and sponsored by the Ministry of Finance of Japan. The seminar focused on four broad themes: how to enable the private sector to play a lead role in the growth process in Africa; how to boost domestic savings and help the financial sector to contribute to the mobilization and efficient us of resources; how to facilitate foreign aid and make it more effective; and, what are the essential elements of sound debt management practices?
Author: Mrs.Claire Liuksila
Publisher: International Monetary Fund
ISBN: 9781557755254
Category : Business & Economics
Languages : en
Pages : 104
Get Book
Book Description
This booklet is a collection of papers presented at a seminar on policies for growth in Africa, held in Paris in February 1995 and sponsored by the Ministry of Finance of Japan. The seminar focused on four broad themes: how to enable the private sector to play a lead role in the growth process in Africa; how to boost domestic savings and help the financial sector to contribute to the mobilization and efficient us of resources; how to facilitate foreign aid and make it more effective; and, what are the essential elements of sound debt management practices?
Author: Delfin Sia Go
Publisher: World Bank Publications
ISBN: 9780821372784
Category : Business & Economics
Languages : en
Pages : 520
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Book Description
Since the mid-1990s, sub-Saharan Africa has experienced an acceleration of economic growth that has produced rising incomes and faster human development. However, this growth contrasts with the continent's experience between 1975 and 1995, when it largely missed out on two decades of economic progress. This disparity between Africa's current experience and its history raises questions about the continent's development. Is there a turnaround in Africa s economy? Will growth persist? 'Africa at a Turning Point?' is a collection of essays that analyzes three interrelated aspects of Africa's recent revival. The first set of essays examines Africa's recent growth in the context of its history of growth accelerations and collapses. It seeks to answer such questions as, is Africa at a turning point? Are the economic fundamentals finally pointing toward more sustainable growth? The second set of essays looks at donor flows, which play a large role in Africa's growth. These essays focus on such issues as the management and delivery of increased aid, and the history and volatility of donor flows to Africa. The third set of essays considers the recent impact of one persistent threat to sustained growth in Africa: commodity price shocks, particularly those resulting from fluctuations in oil prices.
Author: Mr.Hamid R Davoodi
Publisher: International Monetary Fund
ISBN: 9781589062290
Category : Business & Economics
Languages : en
Pages : 44
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Book Description
The Middle East and North Africa (MENA) is an economically diverse region. Despite undertaking economic reforms in many countries, and having considerable success in avoiding crises and achieving macroeconomic stability, the region’s economic performance in the past 30 years has been below potential. This paper takes stock of the region’s relatively weak performance, explores the reasons for this out come, and proposes an agenda for urgent reforms.
Author: I. G. Patel
Publisher: International Monetary Fund
ISBN: 155775232X
Category : Business & Economics
Languages : en
Pages : 312
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Book Description
Despite economic hardships during the past 20 years, Africa has recently enjoyed positive real economic growth, transformed its economic structures and systems, and improved living standards. Much of this owes to the determined pursuit of growth-oriented adjustment efforts, with IMF support, by nearly 30 African countries. Edited by I.G. Patel, this volume discusses progress made by Africa in the 1980s and prospects and needs for continued development in the 1990s.
Author: Mr.Ernesto Hernández-Catá
Publisher: International Monetary Fund
ISBN: 1451973519
Category : Political Science
Languages : en
Pages : 27
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Book Description
This paper argues that sub-Saharan Africa’s growth performance needs to be improved substantially in order to raise standards of living to an acceptable level and achieve a visible reduction in poverty. The paper provides a broad overview of the explanations for sub-Saharan Africa’s unsatisfactory growth performance in the past, paying particular attention to the empirical literature. It argues that growth has been hampered by economic distortions and institutional deficiencies that have increased the risk of investing in Africa, and lowered the rates of return on capital and labor as well as the growth of total factor productivity.
Author: Tony Killick
Publisher: World Bank Publications
ISBN:
Category : Afrika
Languages : en
Pages : 68
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Book Description
Aid to Sub-Saharan Africa has been less effective in promoting economic development than has aid to other regions. Policies in the recipient countries of Africa - though certainly not the only factor - play the most important role in determining aid's effectiveness. At the heart of the problem is politics, and the solution rests in the hands of the people of Africa.
Author: Kelechi A. Kalu
Publisher: Routledge
ISBN: 1000417999
Category : Political Science
Languages : en
Pages : 289
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Book Description
This book compares the rapid development of South Korea over the past 70 years with selected countries in sub-Saharan Africa to assess what factors contributed to the country’s success story, and why it is that countries that were comparable in the past continue to experience challenges in achieving and sustaining economic growth. In the 1950s, South Korea’s GDP per capita was $876, roughly comparable with that of Cote d’Ivoire and somewhat below Ghana’s. The country’s subsequent transformation from a war-ravaged, international aid-dependent economy to the 13th largest economy in the world has been the focus of considerable international admiration and attention. But how was it that South Korea succeeded in multiplying its GDP per capita by a factor of 23, while other Less Developed Countries continue to experience challenges? This book compares South Korea’s politics of development and foreign assistance with that of Ghana, Nigeria, and Zambia, which were also major recipients of the U.S. aid, to investigate the specific contexts that made it possible for South Korea to achieve success. Overall, this book argues that effective state capacity in South Korea’s domestic and international politics provided an anchor for diplomatic engagement with donors and guided domestic political actors in the effective use of aid for economic development. This book will be of interest to researchers and students working on development, comparative political economy, and foreign aid, and to policy makers and practitioners looking for a greater understanding of comparative development trajectories.
Author: R Omotay Olaniyan
Publisher: Bloomsbury Publishing USA
ISBN: 0313388717
Category : Business & Economics
Languages : en
Pages : 220
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Book Description
This book is a penetrating comparative analysis of the economic development efforts of West African countries. It seeks to illuminate the grey areas in development and to emphasize the appropriate actions that should be taken at all levels in the emerging international economy to ensure sustainable development. Olaniyan examines conceptual and theoretical problems of foreign aid and economic development, along with the limitations of the concept of self-reliance. The book also features a comparative analysis of the internal and external development problems associated with West African countries, including difficulties of collective self-reliance at the subregional level. Olaniyan concludes that there are prospects for sustainable development in the area, especially if it is internally generated.
Author: Uma J. Lele
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 54
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Book Description
Africa's economic crisis is increasingly coming to be recognized as stemming from the critical state of agriculture in most African economies. In response to these concerns, a long term comparative study called Managing Agricultural Development in Africa (MADIA) has been underway since 1984. Its purpose has been to determine where growth has occurred in the agricultural sectors of selected African countries since their independence in the mid-1960s and why, and to assess the extent to which domestic policies and the external economic environment (especially including changes in world market prospects, and the levels, form and composition of aid) have contributed to the process of growth. This paper gives an overview of the study's methodology and key findings to date. It demonstrates the complexity of agricultural development in Africa, the number of variables that impinge on the outcomes, and in particular the extent of variability in national endowments as well as in policy response outcomes.
Author: Almas Heshmati
Publisher: Springer
ISBN: 3319764934
Category : Business & Economics
Languages : en
Pages : 392
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Book Description
This volume is a collection of selected empirical studies on determinants of economic growth in Africa. Grouped into three parts, chapters examine the influence of financial sources and economic growth; sources of productivity growth; and prices, exchange rates and trade relationships with growth in regions in Africa or the continent as a whole. This edited book is authored by African experts in the field who employ diverse up-to-date data and methods to provide robust empirical results based on representative firms, household surveys and secondary country level data covering individuals or multiple countries on the continent. It contains a wealth of empirical evidence, deep analyses and sound recommendations for policymakers and researchers for designing and implementing effective social and national policies and strategies to prevent and to reduce poverty and its negative effects on poor households and in poor regions. The volume will be a useful resource for policymakers and researchers involved in promoting economic growth and fighting poverty. It will also appeal to a broader audience interested in economic development, resource economics, policies, economic welfare and inclusive growth.
