Saving for Economic Recovery in Africa PDF Download
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Author: J. H. Frimpong-Ansah
Publisher: Heinemann Educational Publishers
ISBN:
Category : Business & Economics
Languages : en
Pages : 232
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Book Description
The failure of development in Africa has sparked far-reaching economic reforms. But, this collection argues, economic recovery not only calls for policy adjustments; it also requires the rehabilitation of decayed capital and new domestic investment in order to sustain recovery and finance growth.
Author: J. H. Frimpong-Ansah
Publisher: Heinemann Educational Publishers
ISBN:
Category : Business & Economics
Languages : en
Pages : 232
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Book Description
The failure of development in Africa has sparked far-reaching economic reforms. But, this collection argues, economic recovery not only calls for policy adjustments; it also requires the rehabilitation of decayed capital and new domestic investment in order to sustain recovery and finance growth.
Author: V. Makhan
Publisher: Springer
ISBN: 1403920214
Category : Business & Economics
Languages : en
Pages : 280
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Book Description
African countries have experienced modest economic recovery during the 1990s. But these countries are caught in a vicious circle in which the existing economic structure cannot generate enough savings and export earnings needed to finance their development and mount a sustained assault on widespread poverty. Yet foreign aid has been cut back sharply and the continent receives only a trickle of foreign investment flows. New policy regimes are now in place, creating the right environment for external financing to make a major difference. Development finance is one of the foremost challenges facing African countries and the international community in the new century.
Author: Mr.Anupam Basu
Publisher: International Monetary Fund
ISBN: 9781557759665
Category : Business & Economics
Languages : en
Pages : 24
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Book Description
Africa is the world’s poorest continent, but amid all the bad news, there is hope for change. This pamphlet examines the lessons to be learned from some of the more successful economies south of the Sahara, and discusses a policy framework to promote sustainable economic growth and reduce poverty across the region.
Author: Dana T. Redford
Publisher: Emerald Group Publishing
ISBN: 1802620532
Category : Business & Economics
Languages : en
Pages : 304
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Book Description
Transforming Africa: How Savings Groups Foster Financial Inclusion, Resilience and Economic Development presents in-depth empirical research into current day savings group activities across Africa, exploring savings groups through the lens of financial inclusion and reflecting on formal finance, economic and social outcomes.
Author: J. H. Frimpong-Ansah
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 232
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Book Description
Author: J. H. Frimpong-Ansah
Publisher:
ISBN:
Category : Saving and investment
Languages : en
Pages : 76
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Book Description
Author: Weltbank
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
The firming of the economic recovery is putting the policy spotlight back on the longer term challenge of faster, more inclusive Gross Domestic Product (GDP) growth. Modest investment rates despite attractive returns and low savings rates despite favorable demographics are important impediments. A virtuous cycle of faster capital accumulation, job creation (especially for the youth), and technological advancement needs to be stimulated. There are no quick fixes that can produce the desired stimulus. The quest for inclusive growth calls for a different, bolder approach. Integration of the advanced and less-developed economies and more effective integration with the global economy, using factory Southern Africa as a platform, hold considerable potential. South Africa's medium-term growth prospects point to a strengthening recovery. GDP growth is projected to be 3.5 percent in 2011, 4.1 percent in 2012 and 4.4 percent in 2013. The long term potential growth rate under the current policy environment is estimated at 3.5 percent. In light of South Africa's low national savings, the reemergence of high current account deficits, financed mostly through volatile portfolio flows, will reemerge as the biggest cause for macroeconomic concern over the medium term. With considerable strengthening of the economic recovery and GDP projected to reach its potential by 2014, the focus shifts back to the longer term challenge of raising GDP growth to 6-7 percent and making it much more inclusive to tackle the extremely high unemployment. This first issue is anchored in the national aspirations of faster and more inclusive growth, with special emphasis on the issues of savings and investment.
Author: Mr.Anupam Basu
Publisher: International Monetary Fund
ISBN: 1451847092
Category : Business & Economics
Languages : en
Pages : 36
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Book Description
This paper analyzes the factors affecting economic growth in sub-Saharan Africa, using data for 1981–97. The results indicate that per capita real GDP growth is positively influenced by economic policies that raise the ratio of private investment to GDP, promote human capital development, lower the ratio of the budget deficit to GDP, safeguard external competitiveness, and stimulate export volume growth. The favorable evolution of these variables played an important role in the region’s apparent postreform recovery of 1995–97. The paper also discusses a policy framework to promote sustainable economic growth and reduce poverty in sub-Saharan Africa
Author: Aguibou Y. Yansané
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 392
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Book Description
Nine world-class experts on the African economy share their knowledge regarding the potential for real improvement and growth in food production and the development of grassroots economies that will benefit citizens as well as governments. Economic models that assume good incentives, infrastructure, entrepreneurial skills, and a level trading field cannot be invoked. Structural adjustment in African countries has led to unintended consequences because the common people and the small farmers have not been consulted. Domestic food production, the crux of Africa's economic problem, has been downgraded because of the emphasis on export crops. To develop self-sufficiency and food security, African nations must mobilize domestic resources, improve the human resource capacity, and strengthen their scientific and technological bases. They must also cooperate in integration schemes rather than compete for the available Western aid.
Author: World Bank
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
The firming of the economic recovery is putting the policy spotlight back on the longer term challenge of faster, more inclusive Gross Domestic Product (GDP) growth. Modest investment rates despite attractive returns and low savings rates despite favorable demographics are important impediments. A virtuous cycle of faster capital accumulation, job creation (especially for the youth), and technological advancement needs to be stimulated. There are no quick fixes that can produce the desired stimulus. The quest for inclusive growth calls for a different, bolder approach. Integration of the advanced and less-developed economies and more effective integration with the global economy, using factory Southern Africa as a platform, hold considerable potential. South Africa's medium-term growth prospects point to a strengthening recovery. GDP growth is projected to be 3.5 percent in 2011, 4.1 percent in 2012 and 4.4 percent in 2013. The long term potential growth rate under the current policy environment is estimated at 3.5 percent. In light of South Africa's low national savings, the reemergence of high current account deficits, financed mostly through volatile portfolio flows, will reemerge as the biggest cause for macroeconomic concern over the medium term. With considerable strengthening of the economic recovery and GDP projected to reach its potential by 2014, the focus shifts back to the longer term challenge of raising GDP growth to 6-7 percent and making it much more inclusive to tackle the extremely high unemployment. This first issue is anchored in the national aspirations of faster and more inclusive growth, with special emphasis on the issues of savings and investment.
