Macroeconomic Policy Formation in Africa - Country Cases PDF Download

Author: Karl Wohlmuth
Publisher: LIT Verlag Münster
ISBN: 364390522X
Category : Business & Economics
Languages : en
Pages : 407

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Book Description
This Volume 17 of the African Development Perspectives Yearbook considers the following major issues: the macroeconomic policies in post-conflict countries (especially reviews of growth, social progress, and public finance strategies in medium-term frameworks) with Sudan and South Sudan as the country cases; and macroeconomic policy formation in West Africa -- with case studies presented on Senegal and Nigeria in the West African Monetary Zone and the CFA Zone. In addition, the book presents book reviews and book notes. (Series: African Development Perspectives Yearbook - Vol. 17) [Subject: African Studies, Economics]

Author: Karl Wohlmuth
Publisher: LIT Verlag Münster
ISBN: 3643903944
Category : Business & Economics
Languages : en
Pages : 368

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Book Description
This book examines new macroeconomic policy frameworks for Africa, and it discusses the role of policies for generating sustainable and inclusive growth. The responses of the macroeconomic policymakers in Africa to the Euro crisis and to the recent globalization trends are reviewed and analyzed. The book also analyzes the economics of the "Arab Spring" countries by focusing on the socioeconomic conditions and the economic policy factors that have led to the "Arab Spring" events. Highlighted are the cases of Egypt and Tunisia, and the new strategic and policy frameworks in these countries after the democratic changes. An agenda for comprehensive reforms is presented. (Series: African Development Perspectives Yearbook - Vol. 16)

Author: Carlos Lopes
Publisher: Springer
ISBN: 3319519476
Category : Business & Economics
Languages : en
Pages : 302

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Book Description
The main objective of this book is to identify the key sources of growth which have played a significant role in Africa's recent robust growth as well as its efforts towards economic transformation. The book assesses to what extent the existing macroeconomic frameworks among African countries have been streamlined to the countries' development priorities in order to achieve long-term growth and economic transformation. Taking into account the diversity of African countries, the authors establish the economic linkages between relevant macroeconomic policy variables and the key sources of growth and development among the selected African economies, based on both theoretical and empirical underpinnings. Following this, an outline of a macroeconomic framework for Africa’s long-term growth and economic transformation is suggested.

Author: Mr. Saleh M. Nsouli
Publisher: International Monetary Fund
ISBN: 1451947410
Category : Business & Economics
Languages : en
Pages : 180

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Book Description
Adopted in 2001, the New Partnership for Africa’s Development (NEPAD) represents a new vision to place African countries on a path toward poverty reduction, sustainable growth, and full integration in the world economy. This conference volume includes papers selected from a high-level seminar in December 2002 held in Dakar, Senegal, organized by the IMF Institute in the context of the program of the Joint Africa Institute (JAI). The papers focus on the challenges confronting NEPAD in reducing poverty, promoting trade, attracting capital flows, and effecting institutional reforms.

Author: Christian Henning
Publisher: Springer
ISBN: 3319607146
Category : Business & Economics
Languages : en
Pages : 355

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Book Description
This book is open access under a CC BY 4.0 license. The book examines the methodological challenges in analyzing the effectiveness of development policies. It presents a selection of tools and methodologies that can help tackle the complexities of which policies work best and why, and how they can be implemented effectively given the political and economic framework conditions of a country. The contributions in this book offer a continuation of the ongoing evidence-based debate on the role of agriculture and participatory policy processes in reducing poverty. They develop and apply quantitative political economy approaches by integrating quantitative models of political decision-making into existing economic modeling tools, allowing a more comprehensive growth-poverty analysis. The book addresses not only scholars who use quantitative policy modeling and evaluation techniques in their empirical or theoretical research, but also technical experts, including policy makers and analysts from stakeholder organizations, involved in formulating and implementing policies to reduce poverty and to increase economic and social well-being in African countries.

Author: Ishrat Husain
Publisher: World Bank Publications
ISBN:
Category : Business & Economics
Languages : en
Pages : 460

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Book Description
This collection of case studies focuses on the processes and outcomes of reform programs in seven African countries--Côte d'Ivoire, Ghana, Kenya, Nigeria, Senegal, and Tanzania--chosen for the wide variety of conditions present before their individual adjustment programs began. The World Bank's recent policy research report Adjustment in Africa: Reforms, Results, and the Road Ahead concludes that the adjustment programs launched in 29 countries in the mid-1980's have resulted in some improvement in the overall policy environment. These improvements have been strongest in the macroeconomic and agricultural spheres and weakest in the areas of finance and public enterprise. The study also finds that reform programs work in the countries where policy performance has been good; conversely, poor policy progress has been reflected in poor performance. This volume presents case studies of seven country experiences to supplement and reinforce findings from the Policy Research Report. The studies confirm that whenever adjustment programs are vigorously pursued, results are strongly positive from the viewpoints of growth and alleviation of poverty. A key element in ensuring a successful adjustment program is strong motivation and commitment by the leadership in each nation. Too many abrupt, unpredictable, and frequent changes and reversals of policies erode the credibility of the programs, intensify the uncertainties, and slow down investor confidence. In short, the success of reforms hinges on policy stability, continuity, and predictability.

Author: Jong-Dae Park
Publisher: Springer
ISBN: 3030039463
Category : Business & Economics
Languages : en
Pages : 456

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Book Description
This open access book analyses the development problems of sub-Sahara Africa (SSA) from the eyes of a Korean diplomat with knowledge of the economic growth Korea has experienced in recent decades. The author argues that Africa's development challenges are not due to a lack of resources but a lack of management, presenting an alternative to the traditional view that Africa's problems are caused by a lack of leadership. In exploring an approach based on mind-set and nation-building, rather than unity – which tends to promote individual or party interests rather than the broader country or national interests – the author suggests new solutions for SSA's economic growth, inspired by Korea's successful economic growth model much of which is focused on industrialisation. This book will be of interest to researchers, policymakers, NGOs and governmental bodies in economics, development and politics studying Africa's economic development, and Korea's economic growth model.

Author: Jan Priewe
Publisher: Nomos Verlagsgesellschaft Mbh & Company
ISBN: 9783832912789
Category : Business & Economics
Languages : en
Pages : 311

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Book Description
To reach the "Millennium Development Goal" of halving poverty by 2015 in developing countries requires first and foremost higher economic growth. This can hardly succeed when policies continue to adhere to the traditional neo-liberal strategies of the "Washington Consensus". In this study, different growth and stagnation "regimes" are explored. To enter a growth path, more emphasis has to be put on prudent macroeconomic policies striving for sound money, less external debt, balance of payment equilibrium, containment of dollarisation, more stable exchange rates and on deepening the domestic financial sector. Fostering capital accumulation is more important than perfecting the competitive allocation of resources through pervasive liberalisation. The economic performance of most East and South Asian countries which did not follow the strategy of the "Washington Consensus" contrasts sharply with a stagnation trend in Africa and Latin America in the last decades. Country case studies on China, Vietnam, Belarus and Uganda are presented. The analysis follows a modern Keynesian line of thought.

Author: P. Thandika Mkandawire
Publisher: IDRC
ISBN: 155250204X
Category : Political Science
Languages : en
Pages : 192

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Book Description
Our Continent, Our Future presents the emerging African perspective on this complex issue. The authors use as background their own extensive experience and a collection of 30 individual studies, 25 of which were from African economists, to summarize this African perspective and articulate a path for the future. They underscore the need to be sensitive to each country's unique history and current condition. They argue for a broader policy agenda and for a much more active role for the state within what is largely a market economy. Finally, they stress that Africa must, and can, compete in an increasingly globalized world and, perhaps most importantly, that Africans must assume the leading role in defining the continent's development agenda.

Author: Anis Chowdhury
Publisher:
ISBN: 9781536157529
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
The volume examines macroeconomic policies for developing countries. The chapters analyse the kind of macroeconomic policies that are more conducive to inclusive and sustainable growth in developing countries. They also investigate whether particular fiscal, monetary, and exchange-rate policies have similar effects in developed and developing countries or whether these effects are country specific. The volume demonstrates that while there are no one-size-fits-all policy prescriptions, some general principles can be drawn from the experiences of successful countries. The volume is a useful addition to the scant literature dealing with macroeconomic policies for inclusive and sustainable development, and policymakers will find it useful in designing policies for achieving sustainable development goals (SDGs). The volume will also be useful for higher degree research students, especially in the area of inclusive and sustainable development.