Download or read book New Voices in Investment written by Maria Laura Gómez Mera and published by World Bank Publications. This book was released on 2014-12-03 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study analyzes the characteristics, motivations, strategies, and needs of FDI from emerging markets. It draws from a survey of investors and potential investors in Brazil, India, South Korea, and South Africa.

Download or read book Africa s Infrastructure written by World Bank and published by World Bank Publications. This book was released on 2009-12-01 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainable infrastructure development is vital for Africa s prosperity. And now is the time to begin the transformation. This volume is the culmination of an unprecedented effort to document, analyze, and interpret the full extent of the challenge in developing Sub-Saharan Africa s infrastructure sectors. As a result, it represents the most comprehensive reference currently available on infrastructure in the region. The book covers the five main economic infrastructure sectors information and communication technology, irrigation, power, transport, and water and sanitation. 'Africa s Infrastructure: A Time for Transformation' reflects the collaboration of a wide array of African regional institutions and development partners under the auspices of the Infrastructure Consortium for Africa. It presents the findings of the Africa Infrastructure Country Diagnostic (AICD), a project launched following a commitment in 2005 by the international community (after the G8 summit at Gleneagles, Scotland) to scale up financial support for infrastructure development in Africa. The lack of reliable information in this area made it difficult to evaluate the success of past interventions, prioritize current allocations, and provide benchmarks for measuring future progress, hence the need for the AICD. Africa s infrastructure sectors lag well behind those of the rest of the world, and the gap is widening. Some of the main policy-relevant findings highlighted in the book include the following: infrastructure in the region is exceptionally expensive, with tariffs being many times higher than those found elsewhere. Inadequate and expensive infrastructure is retarding growth by 2 percentage points each year. Solving the problem will cost over US$90 billion per year, which is more than twice what is being spent in Africa today. However, money alone is not the answer. Prudent policies, wise management, and sound maintenance can improve efficiency, thereby stretching the infrastructure dollar. There is the potential to recover an additional US$17 billion a year from within the existing infrastructure resource envelope simply by improving efficiency. For example, improved revenue collection and utility management could generate US$3.3 billion per year. Regional power trade could reduce annual costs by US$2 billion. And deregulating the trucking industry could reduce freight costs by one-half. So, raising more funds without also tackling inefficiencies would be like pouring water into a leaking bucket. Finally, the power sector and fragile states represent particular challenges. Even if every efficiency in every infrastructure sector could be captured, a substantial funding gap of $31 billion a year would remain. Nevertheless, the African people and economies cannot wait any longer. Now is the time to begin the transformation to sustainable development.

Download or read book The East African Community written by Ms.Catherine McAuliffe and published by International Monetary Fund. This book was released on 2012-11-14 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: The East African Community (EAC) has been among the fastest growing regions in sub-Saharan Africa in the past decade or so. Nonetheless, the recent growth path will not be enough to achieve middle-income status and substantial poverty reduction by the end of the decade—the ambition of most countries in the region. This paper builds on methodologies established in the growth literature to identify a group of countries that achieved growth accelerations and sustained growth to use as benchmarks to evaluate the prospects, and potential constraints, for EAC countries to translate their recent growth upturn into sustained high growth. We find that EAC countries compare favorably to the group of sustained growth countries—macroeconomic and government stability, favorable business climate, and strong institutions—but important differences remain. EAC countries have a smaller share of exports, lower degree of financial deepening, lower levels of domestic savings, higher reliance on donor aid, and limited physical infrastructure and human capital. Policy choices to address some of these shortcomings could make a difference in whether the EAC follows the path of sustained growth or follows other countries where growth upturns later fizzled out.

Download or read book India Africa Relations written by Rajiv Bhatia and published by Taylor & Francis. This book was released on 2021-11-14 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the emergence and assertion of Africa as a significant actor and stakeholder in global affairs and the transformation of the India–Africa relationship. Beginning from this strategic perspective, the book presents an in-depth exploration of India–Africa partnership in all its critical dimensions. It delineates the historical backdrop and shared colonial past to focus on and contextualise the evolution of the India–Africa engagement in the first two decades of the 21st century. The book scrutinises the unfolding international competition in Africa in depth, which includes global actors such as the EU, US, and Japan, among others, focusing especially on China's growing influence in the region. Further, it dissects objectively the continental, regional and bilateral facets of India–Africa relations and offers a roadmap to strengthen and deepen the relationship in the coming decade. This volume will be very useful for students and researchers working in the field of international relations, foreign policy, governance, geopolitics, and diplomacy.

Download or read book written by and published by Arihant Publications India limited. This book was released on with total page 673 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Reclaiming Africa written by Sam Moyo and published by Springer. This book was released on 2018-09-03 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the findings of research conducted by scholars and activists associated with the Agrarian South Network, based mainly in Africa, Asia and Latina America. The research articulates a Southern perspective on the “new scramble” for Africa, with a view to strengthen tri-continental solidarities. The book explains the significance of the new scramble in terms of the economic structures inherited from the late-nineteenth-century scramble and the subsequent post-independence period. The renewed competition for Africa’s land and natural resources and the resumption of economic growth at the turn of the millennium have revived concerns regarding the continent’s position in the world economy and the prospects for its development in the twenty-first century. In this regard, the book addresses two related issues: the character of the expansion of Southern competitors in relation to the more established Western strategies; and the impact of the renewed influx of investments in land, minerals, and associated infrastructure. The findings are presented with empirical rigor and conceptual clarity, to enable the reader to grasp what really is at stake in the twenty-first century – an epic struggle to reclaim Africa from the monopolies that exercise control over its land, minerals, labour, and destiny.

Download or read book Public Infrastructure and Growth written by Pierre-Richard Agénor and published by World Bank Publications. This book was released on 2006 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: This paper provides an overview of the various channels through which public infrastructure may affect growth. In addition to the conventional productivity, complementarity, and crowding-out effects typically emphasized in the literature, the impact of infrastructure on investment adjustment costs, the durability of private capital, and the production of health and education services are also highlighted. Effects on health and education are well documented in a number of microeconomic studies, but macroeconomists have only recently begun to study their implications for growth. Links between health, infrastructure, and growth are illustrated in an endogenous growth model with transitional dynamics, and the optimal allocation of public expenditure is discussed. The concluding section draws implications of the analysis for the design of strategies aimed at promoting growth and reducing poverty.

Download or read book New Asian Approaches to Africa Rivalries and Collaborations written by Takuo Iwata and published by Vernon Press. This book was released on 2020-03-03 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 21st century has seen an increase in the presence and influence of Asian governments, firms and other stake-holders in Africa. With the changing times, changes in approaches to Africa by four major Asian countries (China, India, Japan and South Korea) have taken place. By tracing the history between these Asian countries and African countries, this collection reflects on the “new” phases of Asian Approaches to Africa. Composed by authors who are not only experienced expert scholars of African Studies, but also prominent specialists on African policies of Asian countries, this collection focuses on the official development assistance (ODA) as well as other crucial issues and actors such as business, civil society, and media to explore the new Asian approaches to Africa in a comprehensive manner. Organised into three sections, this collection explores the experiences of the “forums” (conferences, or summits) for Africa’s development hosted by four major Asian countries, reflects on Asian cultural influence in Africa, and highlights new phases of Asian approaches to Africa. This book looks to the future collaboration of Asian actors/ partners working in/ with Africa, rather than exaggerating rivalries and disputes in order to grasp the potentialities and challenges in the relationship between the two regions; an emerging and ongoing agenda that we will encounter further in the coming years. This book will be of interest to students, researchers and professors in universities, as well as research institutes on Asian and African Studies. It will also be of value to journalists, and government officials; particularly diplomats.

Download or read book FinTech in Sub Saharan African Countries written by Mr.Amadou N Sy and published by International Monetary Fund. This book was released on 2019-02-14 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: FinTech is a major force shaping the structure of the financial industry in sub-Saharan Africa. New technologies are being developed and implemented in sub-Saharan Africa with the potential to change the competitive landscape in the financial industry. While it raises concerns on the emergence of vulnerabilities, FinTech challenges traditional structures and creates efficiency gains by opening up the financial services value chain. Today, FinTech is emerging as a technological enabler in the region, improving financial inclusion and serving as a catalyst for the emergence of innovations in other sectors, such as agriculture and infrastructure.

Download or read book Asia Africa Growth Corridor written by Sachin Chaturvedi and published by Springer Nature. This book was released on 2020-10-21 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a rich addition to the existing knowledge on models of development partnership among developing countries. Unlike the Belt and Road Initiative (BRI), which exclusively focuses on physical infrastructure development with a strong financing component by China, the Asia–Africa Growth Corridor (AAGC) envisages a holistic approach toward development partnership based on the spirit of triangular cooperation, demystifying the donor-recipient model of development cooperation. By integrating four distinct pillars of cooperation – connectivity and physical infrastructure, capacity building and skill development, development cooperation projects, and people-to-people and business-to-business partnerships – the book provides a succinct account of how a demand-driven people-centric model of engagement among Asian and African countries could help achieve inclusive and sustainable development without creating any fatal dependence on specific countries or institutions for external funding. In sixteen chapters, the book covers various theoretical, analytical, and policy discussions with respect to the concept and modalities of the growth corridor approach under the free, open, and inclusive Indo-Pacific; potential opportunities and challenges in economic sectors and fields like agriculture, manufacturing, trade and investment, urbanization, industrialization, human resource development, and the blue economy; social sector priorities including health, education, skill development, disaster management, and women’s participation; and policy issues relating to trade facilitation, the identification of joint projects, modalities and instruments of project execution, and related aspects. The book offers a valuable resource for students and research scholars working in the fields of development economics, development cooperation, international political economy, and international economic relations. It also serves as a handbook for governments and policymakers on issues concerning the suitability of development projects, sources of and innovations in financing, implementation and execution challenges, private sector involvement, and so on.

Download or read book Asian Foreign Direct Investment in Africa written by United Nations Development Programme and published by United Nations Publications. This book was released on 2007 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreign direct investment (FDI) in Africa by developing Asian economies is growing and has the potential to reach much higher levels. The present report notes that Africa-bound FDI is still a small percentage of the rapidly climbing foreign investments being made by Asian transnational corporations. The rapid economic growth in Asia can be expected to lead to increased Asian investments in Africa, in both natural resources and manufacturing. In particular, the rapid industrial upgrading taking place in Asia provides ample opportunities for Africa to attract efficiency-seeking and export-oriented FDI from Asian economies. Publishing Agency: United Nations.

Download or read book Foreign Direct Investment in South Asia written by Pravakar Sahoo and published by Springer Science & Business Media. This book was released on 2013-10-01 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the 1990s, the governments of South Asian countries acted as ‘facilitators’ to attract FDI. As a result, the inflow of FDI increased. However, to become an attractive FDI destination as China, Singapore, or Brazil, South Asia has to improve the local conditions of doing business. This book, based on research that blends theory, empirical evidence, and policy, asks and attempts to answer a few core questions relevant to FDI policy in South Asian countries: Which major reforms have succeeded? What are the factors that influence FDI inflows? What has been the impact of FDI on macroeconomic performance? Which policy priorities/reforms needed to boost FDI are pending? These questions and answers should interest policy makers, academics, and all those interested in FDI in the South Asian region and in India, Pakistan, Bangladesh, Sri Lanka and Pakistan.

Download or read book The Rise of China and India in Africa written by Fantu Cheru and published by Zed Books Ltd.. This book was released on 2010-03-11 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, China and India have become the most important economic partners of Africa and their footprints are growing by leaps and bounds, transforming Africa's international relations in a dramatic way. Although the overall impact of China and India's engagement in Africa has been positive in the short-term, partly as a result of higher returns from commodity exports fuelled by excessive demands from both countries, little research exists on the actual impact of China and India's growing involvement on Africa's economic transformation. This book examines in detail the opportunities and challenges posed by the increasing presence of China and India in Africa, and proposes critical interventions that African governments must undertake in order to negotiate with China and India from a stronger and more informed platform.

Download or read book Africa s Silk Road written by Harry G. Broadman and published by World Bank Publications. This book was released on 2006-11-08 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: China and India's new-found interest in trade and investment with Africa - home to 300 million of the globe's poorest people and the world's most formidable development challenge - presents a significant opportunity for growth and integration of theSub-Saharan continent into the global economy. Africa's Silk Road finds that China and India's South-South commerce with Africa isabout far more than natural resources, opening the way for Africato become a processor of commodities and a competitive supplier of goods and services to these countries - a major departure from its long established relations with the North. A growing number of Chinese and Indian businesses active in Africa operate on a global scale, work with world-class technologies, produce products and services according to the most demanding standards, and foster the integration of African businesses into advanced markets.There are significant imbalances, however, in these emerging commercial relationships. These can be addressed through a series of reforms in all countries: 'At-the-border' reforms, such as elimination of China and India's escalating tariffs on Africa's leading exports, and elimination ofAfrica's tariffs on certain inputs that make exports uncompetitive 'Behind-the-border' reforms in Africa, to unleash competitive market forces and strengthen its basic market institutions 'Between-the-border' improvements in trade facilitation mechanisms to decrease transactions costs Reforms that leverage linkages between investment and trade, toallow African businesses to participate in global productionnetworks that investments by Chinese and Indian firms can generate.

Download or read book India Africa Partnerships for Food Security and Capacity Building written by Renu Modi and published by Springer Nature. This book was released on 2021-03-08 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: This compendium showcases the ongoing trends and challenges in South-South cooperation between India and select countries in Africa, for achieving food security and poverty reduction. Scholars and practitioners share diverse perspectives on the role of India’s development compact; aid, trade, private sector driven Foreign Direct Investments (FDIs), and concessional Lines of Credit (LOCs) to the agricultural and agro-processing sector in Africa. India- Africa cooperation also underscores that the sharing of knowledge and capabilities- technical and financial, along with North- South partnerships- through trilateral and multilateral mechanisms, can upscale agriculture and agro-processing sectors to centre stage the food security agenda and reduce poverty. Arguments made through the volume critically highlight hegemonic neo-liberal economic policies, structural adjustment programmes, import substitution practices, and the denationalization of food production, and illustrate the need for sustainable and cost effective agro-ecological practices, in the face of ongoing global challenges, such as the climate emergency and degradation of biodiversity and habitats. The axial questions addressed are; how does cooperation between countries of the Global South- India and Africa - impact intra-South trading, capacity building, and the investment landscape. Scientists, academics, development professionals, government officials, NGOs and international organizations, offer the readers; empirical case studies, policy perspectives, the limitations and challenges, and the way forward in an analytical manner.

Download or read book Challenges of Growth and Globalization in the Middle East and North Africa written by Mr.Hamid R Davoodi and published by International Monetary Fund. This book was released on 2003-09-05 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Tourism in Africa written by Iain Christie and published by World Bank Publications. This book was released on 2014-06-19 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents how tourism initiates economic development and how constraints to the growth of tourism in Sub-Saharan Africa can be addressed. With 24 case studies that illustrate tourism development, it reveals that despite destination challenges, the basic elements needed to initialize or intensify success are applicable across the region.