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Mitigating the impacts of the financial and economic crisis in Africa

Mitigating the impacts of the financial and economic crisis in Africa PDF Author: A. B. Kamara
Publisher: Editions L'Harmattan
ISBN: 2296244955
Category : Social Science
Languages : fr
Pages : 213

Book Description
The global economic crisis revealed a high fragility of growth in African economies, especially among those that are heavily dependent on commodity export. The fragility and lack of depth in African financial markets has also exposed them to adverse effects of volatility of foreign capital outflows. This calls for an urgent need to design strategies to exploit the full potential of domestic resource mobilization and pooling of resources, as well as a rebalancing of exportled growth strategies.