Download or read book The External Sector of Africa s Economy written by Diery Seck and published by Springer. This book was released on 2019-04-05 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book examines various aspects of Africa's external economy by focusing on regional monetary arrangements and how they are affected by devaluation episodes. It investigates the relationship between current account balances, trade balances and trade openness with respect to regional integration and regional growth patterns, discusses obstacles to a successful regional integration and paths to structural transformation, and studies the impact of economic partnership on inclusive development. The book addresses researchers and policymakers interested in development economies and African economic development.
Download or read book The External Sector of Africa s Economy written by Diery Seck and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The book examines various aspects of Africa's external economy by focusing on regional monetary arrangements and how they are affected by devaluation episodes. It investigates the relationship between current account balances, trade balances and trade openness with respect to regional integration and regional growth patterns, discusses obstacles to a successful regional integration and paths to structural transformation, and studies the impact of economic partnership on inclusive development. The book addresses researchers and policymakers interested in development economies and African economic development.
Download or read book Globalization and the Southern African Economies written by Mats Lundahl and published by Nordic Africa Institute. This book was released on 2004 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focuses on the place of Southern Africa in the globalized economy. Identifies the overall economic trends in the African continent and the responses, required and actual, to the impact of an increasingly interdependent world economy.
Download or read book The Palgrave Handbook of Africa s Economic Sectors written by Evelyn F. Wamboye and published by Palgrave Macmillan. This book was released on 2022-05-02 with total page 1118 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook provides a reference resource to showcase insightful and nuanced perspectives on Africa’s agriculture, industry, services, and manufacturing sectors; factors affecting the sectors’ competitiveness; and the sectors’ contribution to employment, economic growth, and sustainable development. It also addresses the potential benefits that the sectors could harness from the planned Continental Free Trade Area (CFTA), and in particular how CFTA could increase the efficiency and competitiveness of these sectors. This book provides evidence-based holistic analyses of the past and current state of Africa’s economic sectors, with a strong emphasis on tangible and specific policy recommendations for the purpose of enhancing future economic growth, employment, and sustainable development of the continent. It also assesses the impact of the first-ever Continental Free Trade Area in Africa, and its potential implications for Africa’s integration into regional and global economy and competitiveness relative to other fast developing economies (such as those in Asia). This handbook gives an in-depth analysis of fundamental domestic factors that have relevance on the sectors’ expansion and growth and their contributions to employment, economic growth, and sustainable development in Africa with differential effects across the continent.
Download or read book Unlocking Africa s Business Potential written by Landry Signe and published by Brookings Institution Press. This book was released on 2020-04-07 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: Africa welcomes business investment and offers some of the world's highest returns and impacts Africa has tremendous economic potential and offers rewarding opportunities for global businesses looking for new markets and long-term investments with favorable returns. Africa has been one of the world's fastest-growing regions over the past decade, and by 2030 will be home to nearly 1.7 billion people and an estimated $6.7 trillion worth of consumer and business spending. Increased political stability in recent years and improving regional integration are making market access easier, and business expansion will generate jobs for women and youth, who represent the vast majority of the population. Current economic growth and poverty-alleviation efforts mean that more than 43 percent of the continent's people will reach middle- or upper-class status by 2030. Unlocking Africa's Business Potential examines business opportunities in the eight sectors with the highest potential returns on private investment—the same sectors that will foster economic growth and diversification, job creation, and improved general welfare. These sectors include: consumer markets, agriculture and agriprocessing, information and communication technology, manufacturing, oil and gas, tourism, banking, and infrastructure and construction. The book's analysis of these sectors is based on case studies that identify specific opportunities for investment and growth, along with long-term market projections to inform decision-making. The book identifies potential risks to business and offers mitigation strategies. It also provides policymakers with solutions to attract new business investments, including how to remove barriers to business and accelerate development of the private sector.
Download or read book African Economic History written by Ralph A. Austen and published by Heinemann International Incorporated. This book was released on 1987 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first comprehensive study of Africa's economic history, beginning with the origins of domesticated food production and concluding with the attainment of political independence. The author draws insights from both liberal and Marxist approaches without adopting either one. The book's particular strengths lie in Austen's balance of cultural and geographical areas, his analysis of trade and commerce, and his portrayal of emerging regional economies.
Download or read book Urbanization and Industrialization for Africa s Transformation written by United Nations. Economic Commission for Africa and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2017 Economic Report on Africa focuses on the linkages between industrialization and urbanization. Urbanization is one of Africa mega trends with profound implications for the social, economic, environmental dimensions of growth and transformation. Theory and experience demonstrate that industrialization and urbanization can be mutually reinforcing processes. It is therefore imperative to explore the linkages between urbanization and industrialization given the profound implications for structural transformation in Africa. So far, current policy narratives and frameworks on structural transformation and industrialization in Africa have largely failed to factor in the spatial and urban dimensions of industrialization, and in particular the advantages presented by productivity enhancement and agglomeration effects generated by cities. Yet, the nexus between urbanization and industrialization is of particular relevance for Agenda 2063 and the 2030 Agenda on Sustainable Development. Both agendas recognize urbanization as a critical factor for sustainable development. It is also important to consider urbanization and industrialization in light of Africa's engagement with the Third United Nations Conference on Housing and Sustainable Urban Development (Habitat III) to be held in Quito, Ecuador in October 2016. In this context, African policy makers have clearly recognized urbanization as an engine of structural transformation for inclusive and sustainable growth.
Download or read book Africa s Development Crisis and the Role of External Lending Institutions written by UGWUMBA EGBUTA and published by GRIN Verlag. This book was released on 2019-04-03 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: Academic Paper from the year 2019 in the subject Economics - International Economic Relations, , language: English, abstract: This work analyzes Africa’s development crisis and the role of external lending institutions conerning the perspective in Nigeria. African countries came out of colonial rule with two major challenges related to achievement of sustainable development and unity in the continent. It decided to pursue unity which was a means to development. However, the prospects of development was inhibited or truncated by the outbreak of inter and intra-state conflicts that followed independence. To rebuild their economies, African countries resorted to borrowing from the Bretton Woods Institutions: the World Bank and the International Monetary Fund (IMF) and other international financial institutions. To this end, long and short-term loans were given to African leaders who either misapplied the facilities or could not cope with the conditionality associated with economic reform policies. It is in this light that this article interrogates the undercurrents of these conditions attached to the loans on Africa, with insights from the Nigerian experience. It unravels how the application of the loans and the reform policies complicated rather than addressing the developmental malaise that bedevilled post-colonial African states for which the loans were sought for in the first instance. The article further questions the rationale behind the acceptance of these loans by African leaders and why it has consistently favoured borrowing as a means of solving the continent’s development challenges. It recommends, among other options, the evolvement of an alternative funding arrangement from within the continent devoid of external loan trappings. More importantly, having an effective tax system devoid of corruption, purposeful political leadership that will manage the financial sector will help the nation avert similar trend in future. Through these, resources will come from diverse sources that will help the continent develop, since events of the past has proven that these institutions operate loan policies that are not favourable to the developing countries. Above all, efforts should be made to strengthen institutions of government, especially, the anti-corruption and crimes ones to bring about financial accountability regime.
Download or read book The Politics of Africa s Economic Recovery written by Richard Sandbrook and published by Cambridge University Press. This book was released on 1993-04 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: The waning of the Cold War means that major political powers no longer feel compelled to support African authoritarianism. Revised official consensus holds that, in Africa as elsewhere, political reform must accompany economic adjustment. According to this view, African recovery requires a reduction in the size and economic role of monopolistic and inefficient states, and their transformation into accountable liberal democracies. Is this a desirable and practicable political programme? Certainly, all over Africa the number of liberal democracies is growing. But can they survive and are they compatible with renewed economic growth? Richard Sandbrook answers these questions, and assesses the feasibility of the new political programme in reinforcing Africa's economic recovery. He argues that the programme has merit in the short term, but, in the longer term, a more self-reliant, state-directed approach should be adopted to ensure prosperity and durable democracy in the region.
Download or read book Economic Report on Africa 2011 written by United Nations and published by UN. This book was released on 2011 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many African economies are still characterized by a heavy reliance on the primary sector, high vulnerability to external shocks, jobless growth and slow progress towards social development. It is essential for African countries to promote economic diversification and structural transformation as a means to accelerate and sustain broad-based and shared high-employment-generating growth. This Report highlights that failure of earlier state-led and market-driven approaches to promoting economic transformation points to the need for fostering long-term investment, rapid and sustained economic growth, equity and social development within inclusive, transparent and comprehensive development frameworks.
Download or read book Africa and Europe written by Oladeji O. Ojo and published by . This book was released on 1996 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study aims to sensitise all those concerned wtih Africa's development - including African leaders, policy makers and scholars - to the potential revolution that has transformed Eastern Europe and its relations with the West since 1989. The study is concerned that African governments should take advantage of any trade and other opportunities that may open up as well as take the necessary steps to contain any adverse consequences. In a context where Africa is not responding as fast or effectively as other regions to the accelerating intergration of the world economy, this book is valuable for its up to date, hard data on the current state of European-African economic relations, its detailed analysis of the economic issues raised by the single European market, and its policy recommendations.
Download or read book Industries Without Smokestacks written by Richard S. Newfarmer and published by Oxford University Press. This book was released on 2018 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: A study prepared by the United Nations University World Institute for Development Economics Research (UNU-WIDER)
Download or read book The Politics of Africa s Economic Stagnation written by Richard Sandbrook and published by Cambridge University Press. This book was released on 1985-11-29 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Study of economic development, politics and steady state economy in Africa - discusses the disappointments of independence, democracy and the economic recession; explains the failure of capitalism and the post- colonialism economic implications; looks at political systems and the negative impact of personal rule (political leadership) in institutional framework, the economy (incl. Black market) and defence dependence; presents prospects and recommendations. Bibliography, map, statistical tables.
Download or read book Africa s Development Dynamics 2021 Digital Transformation for Quality Jobs written by African Union Commission and published by OECD Publishing. This book was released on 2021-01-19 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Africa’s Development Dynamics uses lessons learned in the continent’s five regions – Central, East, North, Southern and West Africa – to develop policy recommendations and share good practices. Drawing on the most recent statistics, this analysis of development dynamics attempts to help African leaders reach the targets of the African Union’s Agenda 2063 at all levels: continental, regional, national and local.
Download or read book Growth in Sub Saharan Africa written by Mr.Dhaneshwar Ghura and published by International Monetary Fund. This book was released on 1995-12-01 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper investigates empirically the determinants of economic growth for a large sample of sub-Saharan African countries during 1981-92. The results indicate that (i) an increase in private investment has a relatively large positive impact on per capita growth; (ii) growth is stimulated by public policies that lower the budget deficit in relation to GDP (without reducing government investment), reduce the rate of inflation, maintain external competitiveness, promote structural reforms, encourage human capital development, and slow population growth; and (iii) convergence of per capita income occurs after controlling for human capital development and public policies.
Download or read book Handbook of Environmental and Sustainable Finance written by Vikash Ramiah and published by Academic Press. This book was released on 2015-10-28 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt: The use of financial concepts and tools to shape development is hardly new, but their recent adoption by advocates of sustainable environmental management has created opportunities for innovation in business and regulatory groups. The Handbook of Environmental and Sustainable Finance summarizes the latest trends and attitudes in environmental finance, balancing empirical research with theory and applications. It captures the evolution of environmental finance from a niche scholarly field to a mainstream subdiscipline, and it provides glimpses of future directions for research. Covering implications from the Kyoto and Paris Protocols, it presents an intellectually cohesive examination of problems, opportunities, and metrics worldwide. - Introduces the latest developments in environmental economics, sustainable accounting work, and environmental/sustainable finance - Explores the effects of environmental regulation on the economy and businesses - Emphasizes research about the trade-environmental regulation nexus, relevant for economics and business students
Download or read book The Service Sector and Economic Development in Africa written by Evelyn F. Wamboye and published by Routledge. This book was released on 2018-09-04 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: The service sector accounts for a huge proportion of global employment, and is the biggest driver of gross domestic product in developing nations. Yet there has been little research uncovering its scope, potential and implications on sustained and inclusive economic growth. This is especially true for Africa, which has seen a strong growth trajectory in recent years. This book presents a new frontier of research, offering insightful perspectives on the 21st-century realities of the service sector and its effect on economic development in Africa. The analysis presented here will be of relevance to academics and policymakers with an interest in Africa’s role in the global economy.
