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Author: Delfin Sia Go Publisher: World Bank Publications ISBN: 0821372785 Category : Business & Economics Languages : en Pages : 602
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: Delfin Sia Go Publisher: World Bank Publications ISBN: 0821372785 Category : Business & Economics Languages : en Pages : 602
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: Joseph Calloway Publisher: ISBN: 9781976255168 Category : Languages : en Pages : 430
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.
Author: Mr.Stanley Fischer Publisher: International Monetary Fund ISBN: 1451972067 Category : Business & Economics Languages : en Pages : 26
Book Description
This paper examines the experience of Sub-Saharan Africa (SSA) to answer the question of whether the region is at a turning point in its economic fortunes. The improvement in growth reflects in part a rise in the utilization of existing capacity. To be sustained, however, a high rate of growth will require an increase in investment rates and/or an increase in total factor productivity—i.e., an improvement in the technological, political, administrative and economic factors that raise the rate of return on both capital and labor. The close link between investment and growth in developing countries over the long term is evident in the empirical growth literature. For developing countries in general, the elasticity of growth with respect to the investment/GDP ratio has been found to lie within the range of 0.3–0.5. Although increasing investment is crucial, action is also needed in many complementary areas in order to raise productivity and growth.
Author: R.D. Pearce Publisher: Taylor & Francis ISBN: 1000857727 Category : History Languages : en Pages : 220
Book Description
The Turning Point in Africa (1982) is a significant study of British colonial policy towards tropical Africa during a critical decade, from the complacent trusteeship of the inter-war years to the strategy of decolonization inaugurated after the Second World War. Charting a course through a wide variety of official sources and private papers, the work assesses the importance for colonial policy of the Colonial Office, the Colonial Service, the Labour Party, African nationalists, and of ideological and moral preconceptions. The revolution in African policy is investigated with a wide and yet detailed approach. Special attention is devoted to the effects of the Second World War on Britain and its empire and to the importance of American anti-imperialist pressure on the British Government. The importance of three men – the adviser Lord Hailey, politician Arthur Creech Jones and civil servant Andrew Cohen – receives attention and an assessment is made of their contribution to a policy which, from 1948 onwards, led to a rapid decolonization in large parts of Africa. The significance of this policy is analysed in detail. The British aimed at ‘nation-building’: indirect rule was to be replaced by the forms of English-style local government while rapid constitutional progress at the centre was to be conceded, in accordance with a preconceived model, once powerful nationalist movements had arisen. However, as the book shows, progress at the centre was introduced prematurely and outstripped reform in local government so that progress was not the balanced development the British had wished to see. Decolonization had been given an irreversible momentum by British planning.
Author: Abdul Raufu Mustapha Publisher: Boydell & Brewer ISBN: 1847013163 Category : History Languages : en Pages : 257
Book Description
A team of scholars examine the radical political changes that have taken place since 1990 in eleven key countries in Africa. Radical changes have taken place in Africa since 1990. What are the realities of these changes? What significant differences have emerged between African countries? What is the future for democracy in the continent? The editors have chosen eleven key countries to provide enlightening comparisons and contrasts to stimulate discussion among students. They have brought together a team of scholars who are actively working in the changing Africa of today.Each chapter is structured around a framing event which defines the experience of democratisation. The editors have provided an overview of the turning points in African politics. They engage with debates on how to study andevaluate democracy in Africa, such as the limits of elections. They identify four major themes with which to examine similarities and divergences as well as to explain change and continuity in what happened in the past. Abdul Raufu Mustapha is University Lecturer in African Politics at Queen Elizabeth House and Kirk-Greene Fellow at St Antony's College, University of Oxford; Lindsay Whitfield is a Research Fellow at the Danish Institute of International Studies, Copenhagen.
Author: Jorge Arbache Publisher: ISBN: Category : Languages : en Pages :
Book Description
In this paper, Arbache, Go, and Page examine the recent acceleration of growth in Africa. Unlike the past, the performance is now registered broadly across several types of countries-particularly the oil-exporting and resource-intensive countries and, in more recent years, the large- and middle-income economies, as well as coastal and low-income countries. The analysis confirms a trend break in the mid-1990s, identifying a growth acceleration that is due not only to favorable terms of trade and greater aid, but also to better policy. Indeed, the growth diagnostics show that more and more African countries have been able to avoid mistakes with better macropolicy, better governance, and fewer conflicts; as a result, the likelihood of growth decelerations has declined significantly. Nonetheless, the sustainability of that growth is fragile, because economic fundamentals, such as savings, investment, productivity, and export diversification, remain stagnant. The good news in the story is that African economies appear to have learned how to avoid the mistakes that led to the frequent growth collapses between 1975 and 1995. The bad news is that much less is known about the recipes for long-term success in development, such as developing the right institutions and the policies to raise savings and diversify exports, than about how to avoid economic bad times.
Author: Rob Siebörger Publisher: Ste Publishers ISBN: Category : History Languages : en Pages : 72
Book Description
Written to give you ideas for how the Turning Points in History series of books can be used in the teaching of South African History in the National Curriculum Statement Grades 10-12 (General)."
Author: Darrell M. West Publisher: ISBN: 9780815738596 Category : Artificial intelligence Languages : en Pages : 0
Book Description
Artificial Intelligence is here, today. How can society make the best use of it? Until recently, "artificial intelligence" sounded like something out of science fiction. But the technology of artificial intelligence, AI, is becoming increasingly common, from self-driving cars to e-commerce algorithms that seem to know what you want to buy before you do. Throughout the economy and many aspects of daily life, artificial intelligence has become the transformative technology of our time. Despite its current and potential benefits, AI is little understood by the larger public and widely feared. The rapid growth of artificial intelligence has given rise to concerns that hidden technology will create a dystopian world of increased income inequality, a total lack of privacy, and perhaps a broad threat to humanity itself. In their compelling and readable book, two experts at Brookings discuss both the opportunities and risks posed by artificial intelligence--and how near-term policy decisions could determine whether the technology leads to utopia or dystopia. Drawing on in-depth studies of major uses of AI, the authors detail how the technology actually works. They outline a policy and governance blueprint for gaining the benefits of artificial intelligence while minimizing its potential downsides. The book offers major recommendations for actions that governments, businesses, and individuals can take to promote trustworthy and responsible artificial intelligence. Their recommendations include: creation of ethical principles, strengthening government oversight, defining corporate culpability, establishment of advisory boards at federal agencies, using third-party audits to reduce biases inherent in algorithms, tightening personal privacy requirements, using insurance to mitigate exposure to AI risks, broadening decision-making about AI uses and procedures, penalizing malicious uses of new technologies, and taking pro-active steps to address how artificial intelligence affects the workforce. Turning Point is essential reading for anyone concerned about how artificial intelligence works and what can be done to ensure its benefits outweigh its harm.
Author: Delfin Sia Go
Author: Delfin Sia Go
Author: Joseph Calloway
Author: Mr.Stanley Fischer
Author: Robert D. Pearce
Author: R.D. Pearce
Author: Stanley Fischer
Author: Abdul Raufu Mustapha
Author: Jorge Arbache
Author: Rob Siebörger
Author: Darrell M. West