What Prospects for African Economic Recovery? PDF Download

Author: Adebayo Adedeji
Publisher:
ISBN:
Category : Africa
Languages : en
Pages : 134

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Author: Richard Sandbrook
Publisher: Cambridge University Press
ISBN: 9780521425636
Category : Business & Economics
Languages : en
Pages : 188

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Book Description
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.

Author: Aguibou Y. Yansané
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 392

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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.

Author: Adebayo Adedeji
Publisher: Routledge
ISBN: 1135185018
Category : Business & Economics
Languages : en
Pages : 832

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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.

Author: J. H. Frimpong-Ansah
Publisher: Heinemann Educational Publishers
ISBN:
Category : Business & Economics
Languages : en
Pages : 232

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Book Description
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.

Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1484396863
Category : Business & Economics
Languages : en
Pages : 69

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Book Description
The economic recovery in sub-Saharan Africa is expected to continue, but at a slower pace than envisaged in October 2018. This weaker outlook reflects domestic and external challenges. On the external side, the global expansion is losing momentum, including in China and the euro area, trade tensions remain elevated, global financial conditions have tightened, and commodity prices are expected to remain low. On the domestic front, security challenges, climate shocks, and policy uncertainty are hampering investment and weighing on economic prospects in several countries. Under current policies, medium-term average growth for the region is expected to continue to fall well short of what is needed to absorb the new entrants to the labor force and to deliver limited gains in living standards.

Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Author: Mthuli Ncube
Publisher: Routledge
ISBN: 1317634543
Category : Business & Economics
Languages : en
Pages : 241

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The emergence of the African middle class as a driver of Africa’s economic growth stands out as an important milestone in Africa’s contemporary economic history. This growth, though uneven, is a source of hope for Africa, but also a signal to the rest of the world on the prospects for economic recovery and renewal, particularly because it has been steady despite the global downturn. The Emerging Middle Class in Africa analyses specific aspects of the lives of the middle class in Africa. It looks at how people become and remain in the middle class through a series of thematic chapters. It examines how behaviour changes in the process, in terms of consumption patterns and spending on health and education. A further dimension of this analysis is how class impacts on gender relations and whether women are able to reap the same benefits of social advancement available to men. Africa is a continent of such scale and diversity that experiences across countries vary widely. The book thus captures the common patterns across the continent. This text is primarily aimed at Africanist researchers, policy makers, development practitioners, and bilateral and multilateral institutions, as well as students of African studies, political science, political economy, development studies, and development economics.

Author:
Publisher: UN
ISBN:
Category : Business & Economics
Languages : en
Pages : 218

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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.

Author: Hilary Nwokeabia
Publisher: Adonis & Abbey Publishers
ISBN:
Category : Business & Economics
Languages : en
Pages : 122

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Why Industrial Revolution By-Passes Africa is a compelling analysis of the complex dimensions of development in Africa. It identifies and explains the failure of innovations and knowledge in Africa to generate industrial revolution in the continent using two main models: the motivation and growth-ladder models. Focusing on the indifference and secrecy among innovators in the continent, the book shows how the endemic indifference and unparalleled secrecy among African innovators hinders the continent from successfully going up a sustainable development ladder. It argues that with private and un-rewarded knowledge bearers innovating in isolation and dieing in the same fashion, the continent has experienced "continuous but non-additive innovation system" as against "continuous and additive innovation system". Written with the general reader in mind, Why Industrial Revolution By-Passes Africa is an important addition to the current discussions on the problems of innovations, technology and industrialisation in Africa. ________________ Hilary U. Nwokeabia studied Economics and Computer Science at Hunter College of the City University of New York, USA, Econometrics at the New York University, USA and Development Economics at Strathclyde University, Glasgow Scotland. He has conducted research on different programmes and economic and social cooperation measures adopted at global level, with direct impact on individual or group of African countries. He was a key contributor in the design and evaluation of African Priority Programs for Economic Recovery (APPER), United Nation's New Agenda for Development of Africa (UNNADAF), the African Growth and Opportunity Act and New Partnership for Africa's Development (NEPAD), among others. He has been a core team member of United Nations flagship publications such as the World Economic Prospects, World Investment Report, Economic Report on Africa and Local Pathways to Global Development - World Bank. Based on own-name intellectual work he has also written articles and provided development advice on Africa's development strategies for members of his economic development clan in the Bretton Woods institutions, particularly the World Bank. Born in Achi in Enugu State of Nigeria, educated in Nigeria, the United States, and the United Kingdom, Hilary Nwokeabia has worked in Nigeria's Ministry of External Affairs, United Nations Headquarters in New York, United Nations Economic Commission for Africa in Addis Ababa, and the United Nations Conference on Trade and Development in Geneva. He has travelled extensively in North America, Europe, Asia and Africa. His private works are published in international journals.