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Author | : Leon-Manriquez, Jose Luis |
Publisher | : CODESRIA |
Total Pages | : 358 |
Release | : 2017-05-03 |
Genre | : Business & Economics |
ISBN | : 2869786379 |
Download The Global Financial and Economic Crisis in the South Book in PDF, ePub and Kindle
This book is the outcome of a South-South conference jointly organized by the Asian Political and International Studies Association (APISA), the Latin American Council of Social Sciences (CLACSO) and the Council for the Development of Social Science Research in Africa (CODESRIA) in Dakar, Senegal, May 2012. The conference was organised in response to the financial crisis of 2008 which started in the United States and Europe, with reverberating effects on a global scale. Economic problems emanating from such crises usually leave major social and structural impacts on important sectors of the society internationally. They affect living standards and constrain the well-being of people, especially in poor countries. Persistent problems include high unemployment, increased debt and low growth in developed countries, as well as greater difficulties in accessing finance for investment in the developing world. There is a need for countries in the South to examine the available options for appropriate national and regional responses to the different problems emanating from the economic crisis. This book attempts to provide ideas on some strategic responses to the disastrous impact of the crisis, while keeping in mind the global common interest of the South. It is hoped that the book will contribute significantly towards the agenda to rethink development and the quest for alternative paradigms for a just, stable and equitable global political, economic and social system. A system in which Africa, Asia, and Latin America are emancipated from the shackles of hegemonic and anachronistic neoliberal dictates that have nothing more to offer than crises, vulnerabilities and dependency.
Author | : Alexis Arieff |
Publisher | : DIANE Publishing |
Total Pages | : 34 |
Release | : 2010-08 |
Genre | : History |
ISBN | : 1437932789 |
Download Global Economic Crisis Book in PDF, ePub and Kindle
Sub-Saharan Africa has been strongly affected by the global recession, despite initial optimism that the global financial system would have few spillover effects on the continent. Contents of this report: (1) Recent Develop.; (2) Congressional Interest; (3) African Economies; Trends Prior to the Crisis; Develop. Challenges; (4) How the Crisis is Affecting Africa: Internat. Trade: Trade with the U.S., and with China; Capital Flows: Migrant Remittances; Foreign Aid; (5) Implications of the Crisis in Africa; Sub-Regional Variations; Fiscal and Trade Balances; Poverty Reduction; Food Security; Political Stability; (6) Internat. Efforts to Address the Impact of the Crisis on Africa; Developed Countries; Internat. Financial Inst.; World Bank; ADB; IMF; African Gov¿ts.
Author | : Reuben Adeolu Alabi |
Publisher | : LIT Verlag Münster |
Total Pages | : 458 |
Release | : 2011 |
Genre | : Business & Economics |
ISBN | : 3643106483 |
Download Africa and the Global Financial Crisis Book in PDF, ePub and Kindle
In this volume of the African Development Perspectives Yearbook series, the Research Group on African Development Perspectives investigates the impact of the Global Financial Crisis (GFC) on economic reform processes in Africa. The analysis is structured in such a way so as to reflect the opportunities and dangers of policy reversals in the face of the GFC. The impact of the crisis on different types and forms of governance in the region is considered. The first question is therefore which macro-economic policy instruments have to be applied in order to overcome the crisis and to continue with sustainable development. The second question is how the GFC has affected Africa's external economic relations and if the path of opening up to the world markets is to be continued. The third question raised is how the crisis has affected social cohesion, impacted poverty alleviation strategies and the achievement of Millennium Development Goals (MDGs). All these questions are discussed in the various contributions which comprise general studies and country case studies. The book also looks into the role of international financial institutions during and after the crisis. (Series: African Development Perspectives Yearbook - Vol. 15)
Author | : Mr.Ralph Chami |
Publisher | : International Monetary Fund |
Total Pages | : 23 |
Release | : 2010-01-01 |
Genre | : Business & Economics |
ISBN | : 145196241X |
Download The Global Financial Crisis and Workers' Remittances to Africa Book in PDF, ePub and Kindle
Using data on the distribution of migrants from Africa, GDP growth forecasts for host countries, and after estimating remittance multipliers in recipient countries, this paper estimates the impact of the global economic crisis on African GDP via the remittance channel during 2009-2010. It forecasts remittance declines into African countries of between 3 and 14 percentage points, with migrants to Europe hardest hit while migrants within Africa relatively unaffected by the crisis. The estimated impact on GDP for relatively remittance-dependent countries is 2 percent for 2009, but will likely be short-lived, as host country income is projected to rise in 2010.
Author | : Muna Ndulo |
Publisher | : CABI |
Total Pages | : 301 |
Release | : 2011 |
Genre | : Business & Economics |
ISBN | : 1845938283 |
Download The Food and Financial Crises in Sub-Saharan Africa Book in PDF, ePub and Kindle
Dramatic increases in food prices, as witnessed on a global scale in recent years, threaten the food security of hundreds of millions of the rural poor in Sub-Saharan Africa alone. This book focuses on recent food and financial crises as they have affected Africa, illustrating the problems using country case studies that cover their origins, effects on agriculture and rural poverty, their underlying factors and making recommendations as to how such crises could best be addressed in the future.
Author | : Augustin Kwasi Fosu |
Publisher | : |
Total Pages | : |
Release | : 2010 |
Genre | : |
ISBN | : 9789292303624 |
Download The Global Financial Crisis and Development Book in PDF, ePub and Kindle
The global economic crisis beginning in 2008 has come at a very inopportune time for Africa. Sub-Saharan Africa (SSA) appeared to be on a march toward real economic and human progress, following the dismal performance of the 1980s and early 1990s. Economic growth had resurged since the mid-1990s, and was above the world average at the beginning of the early twenty-first century. Poverty had also declined considerably from their heights of the mid-1990s, rivaling the record over the same period for South East Asia and India, for instance. Meanwhile, human development had also resurged since the mid-1990s. Then the crisis hit. In response, growth fell by more than two-thirds. There appears to be some recovery, however, and the growth decline has so far been less than in previous economic crises, even though the global recession precipitated by the current crisis is the deepest since the Great Depression of the 1930s. SSA's apparent resilience this time around might be attributable to the improvement in its economic and political governance. Although the full economic and social impacts of the crisis are yet to be realized, with some uncertainty still in the global economic picture itself, the current evidence provides some hope that SSA may once again resume its path toward prosperity. Meanwhile, there is much variation across countries in their vulnerability to the crisis. Even though low-income and "fragile" countries appear to be holding up reasonably well, they may still require external assistance if they are to successfully weather the crisis. -- global financial crisis ; development ; Africa
Author | : Paolo Savona |
Publisher | : Routledge |
Total Pages | : 351 |
Release | : 2016-04-22 |
Genre | : Business & Economics |
ISBN | : 1317127803 |
Download Global Financial Crisis Book in PDF, ePub and Kindle
Out of the debate over the effectiveness of the policy responses to the 2008 global financial crisis as well as over the innovativeness of global governance comes this collection by leading academics and practitioners who explore the dynamics of economic crisis and impact. Edited by Paolo Savona, John J. Kirton, and Chiara Oldani Global Financial Crisis: Global Impact and Solutions examines the nature of the recent crisis, its consequences in major regions and countries, the innovations in the ideas, instruments and institutions that constitute national and regional policy responses, building on the G8's response at its L'Aquila Summit. Experts from Africa, North America, Asia and Europe examine the implications of those responses for international cooperation, coordination and institutional change in global economic governance, and identify ways to reform and even replace the architecture created in the mid 20th century in order to meet the global challenges of the 21st.
Author | : A. B. Kamara |
Publisher | : Editions L'Harmattan |
Total Pages | : 213 |
Release | : 2009-11-01 |
Genre | : Social Science |
ISBN | : 2296244955 |
Download Mitigating the impacts of the financial and economic crisis in Africa Book in PDF, ePub and Kindle
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.
Author | : Diery Seck |
Publisher | : Africa Research and Publications |
Total Pages | : 0 |
Release | : 2013 |
Genre | : Africa, West |
ISBN | : 9781592218882 |
Download West Africa and the Global Financial Crisis Book in PDF, ePub and Kindle
Papers from a meeting of West African scholars with senior officials of West African Central Banks, the African Development Bank (AfDB), the West African Economic and Monetary Union (WAEMU) and the Economic Community of West African States (ECOWAS) held June 2010 in Accra, Ghana.
Author | : Stella Kaendera |
Publisher | : International Monetary Fund |
Total Pages | : 25 |
Release | : 2009-12-15 |
Genre | : Business & Economics |
ISBN | : 1462389880 |
Download Impact of the Global Financial Crisis on Exchange Rates and Policies in Sub-Saharan Africa Book in PDF, ePub and Kindle
This paper studies the evolution of the exchange rates of sub-Saharan African currencies in the context of the global financial crisis. In particular, it analyzes the reasons behind the differences in the magnitude and volatility of the exchange rates among countries. To this end, it takes a sample of seven countries, four members of the East African Community (EAC) (Kenya, Rwanda, Tanzania, and Uganda), and three others, which experienced large exchange rate losses at the onset of the crisis: Ghana, Nigeria, and Zambia. First, it analyzes the movements of the exchange rates with respect to the U.S. dollar and two other major currencies. Second, it tries to link the magnitude of their movements to key factors, relating to the external environment and the countries’ internal policies.