Download or read book Saving for Economic Recovery in Africa written by J. H. Frimpong-Ansah and published by Heinemann Educational Publishers. This book was released on 1992 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Economic Recovery in Africa written by V. Makhan and published by Springer. This book was released on 2002-05-17 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Promoting Growth in Sub Saharan Africa written by Mr.Anupam Basu and published by International Monetary Fund. This book was released on 2000-10-02 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Transforming Africa written by Dana T. Redford and published by Emerald Group Publishing. This book was released on 2022-01-26 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Saving for Economic Recovery in Africa written by J. H. Frimpong-Ansah and published by . This book was released on 1992 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Domestic Resource Mobilization in Africa written by J. H. Frimpong-Ansah and published by . This book was released on 1989 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book South Africa Economic Update written by Weltbank and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Adjustment and Growth in Sub Saharan Africa written by Mr.Anupam Basu and published by International Monetary Fund. This book was released on 1999-04-01 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
Download or read book Prospects for Recovery and Sustainable Development in Africa written by Aguibou Y. Yansané and published by Praeger. This book was released on 1996-04-16 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The Leadership Challenge for Improving the Economic and Social Situation of Africa written by Adebayo Adedeji and published by . This book was released on 1988 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book South Africa Economic Update written by World Bank and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The Challenge of African Economic Recovery and Development written by Adebayo Adedeji and published by Routledge. This book was released on 2014-01-09 with total page 832 pages. Available in PDF, EPUB and Kindle. Book excerpt: A special session of the UN General Assembly was held in Abuja, the new Nigerian capital in May 1988. This volume reproduces the major papers, lines of discussion and conclusions of the conference.
Download or read book Economic Recovery in the Gambia written by Malcolm F. McPherson and published by Harvard Kennedy School. This book was released on 1995 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume examines a wide range of policy and institutional changes that were part of the reform program, including exchange rates, taxation, foreign debt, agriculture, state-owned enterprises, and customs inspection. In each case, the authors review the problems that the government faced, the steps taken to address these problems, and the success or failure of the reform initiatives.
Download or read book Prospects for Africa s Economic Recovery and Development written by and published by . This book was released on 1996 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Recession and Recovery written by Paul Alagidede and published by Nova Novinka. This book was released on 2011 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past two decades alone have witnessed four major shocks to the global financial system: the collapse of the European exchange rate mechanism in 1992-1993, the peso crisis in 1994-1995 and the Asian turmoil in 1997-1998. The last, and most current, is the sub-prime bubble, which started in the summer of 2007 in the United States, intensified in 2008 and 2009, and has since changed the face of global finance and economics. This book examines the aspects of the financial crisis which have had the most prominent impacts on African countries.
Download or read book Economic Report on Africa 2006 written by and published by UNECAF. This book was released on 2007-02 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication is the 7th in an annual series that reviews the continent's economic performance and near-term prospects. It finds that, continuing the economic recovery since the mid-1990s, African countries generally recorded strong growth in 2005, a major turnaround after decades of economic stagnation. However, growth remains uneven across countries, and in many countries fast growth has not been accompanied by substantial gains in employment or poverty reduction. There are a number of imbalances which constrain the ability of African countries to accelerate and sustain growth, between exports and imports, between resource inflows and debt payments, and between domestic savings and domestic investment. African countries thus need to mobilise more domestic and external financial resources, including official and private capital flows, to fill the financing gaps in order to accelerate growth and sustain higher levels of growth. This year's report focuses on how better-managed capital flows could help African countries achieve their development goals.
Download or read book Political Institutions State Building and Tax Capacity written by Vitor Gaspar and published by International Monetary Fund. This book was released on 2016-12-02 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: An empirical finding by Gaspar, Jaramillo and Wingender (2016) shows that once countries cross a tax-to-GDP threshold of around 123⁄4 percent, real GDP per capita increases sharply and in a sustained manner over the following decade. In this paper, we attempt via four case studies—Spain, China, Colombia, and Nigeria—to illustrate that the improvements in tax capacity have been part of a deeper process of state capacity building. We discuss the political conditions that supported tax capacity building, highlighting three important political ingredients: constitutive institutions, inclusive politics and credible leadership.
