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The Challenge of African Economic Recovery and Development

The Challenge of African Economic Recovery and Development
Author: Adebayo Adedeji
Publisher: Routledge
Total Pages: 832
Release: 2014-01-09
Genre: Business & Economics
ISBN: 1135185018

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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.


The Politics of Africa's Economic Recovery

The Politics of Africa's Economic Recovery
Author: Richard Sandbrook
Publisher: Cambridge University Press
Total Pages: 188
Release: 1993-04
Genre: Business & Economics
ISBN: 9780521425636

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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.


Economic Recovery in Africa

Economic Recovery in Africa
Author: V. Makhan
Publisher: Springer
Total Pages: 280
Release: 2002-05-17
Genre: Business & Economics
ISBN: 1403920214

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African countries have experienced modest economic recovery during the 1990s. But these countries are caught in a vicious circle in which the existing economic structure cannot generate enough savings and export earnings needed to finance their development and mount a sustained assault on widespread poverty. Yet foreign aid has been cut back sharply and the continent receives only a trickle of foreign investment flows. New policy regimes are now in place, creating the right environment for external financing to make a major difference. Development finance is one of the foremost challenges facing African countries and the international community in the new century.


Prospects for Recovery and Sustainable Development in Africa

Prospects for Recovery and Sustainable Development in Africa
Author: Aguibou Y. Yansané
Publisher: Praeger
Total Pages: 392
Release: 1996-04-16
Genre: Business & Economics
ISBN:

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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.


Towards Economic Recovery in Sub-Saharan Africa

Towards Economic Recovery in Sub-Saharan Africa
Author: James Pickett
Publisher: Routledge Library Editions: De
Total Pages: 292
Release: 2013-03-28
Genre: Business & Economics
ISBN: 9780415851718

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First published in 1990, this volume considers the question: is there any hope for economic recovery in Africa? Written by a team of leading development economists, the book takes a close look at the economic decline of Sub-Saharan Africa and provides a set of guidelines for promoting economic recovery. Stressing the need for greater co-operation between African states, the contributors outline the economic and social policies required to put this crisis-torn region back on the road to sustained development.


Africa’s Recovery in the 1990s

Africa’s Recovery in the 1990s
Author: Henning Pieper
Publisher: Springer
Total Pages: 393
Release: 2016-07-27
Genre: Business & Economics
ISBN: 1349223441

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While the design of adjustment policies in the latter part of the 1980s has generally shown greater attention to their impact on growth and social implications, this book argues that several orthodox adjustment policies are still incongruent with long-term development in Africa. It goes on to discuss a development strategy which could lead to a much awaited economic recovery and improvement in social conditions in Africa in the 1990s drawing its conclusions from a general theoretical discussion and national case-studies.


Post-Covid-19 Recovery and Resilience: Leveraging Reforms for Growth and Inclusion in Sub-Saharan Africa

Post-Covid-19 Recovery and Resilience: Leveraging Reforms for Growth and Inclusion in Sub-Saharan Africa
Author: Mrs.Paola Ganum
Publisher: International Monetary Fund
Total Pages: 33
Release: 2021-02-19
Genre: Business & Economics
ISBN: 1513570048

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Covid-19 has exacerbated economic and social vulnerabilities across Sub-Saharan Africa (SSA). There is a risk that growth could be lower for longer, with a setback to development. Post-pandemic reforms thus become even more important, especially with constrained scope for fiscal and monetary stimuli. Reforms could boost per capita growth by an additional 0.3-1.3 percentage points, relative to the 1.9 percent average since 2010. Such growth would reduce per capita income doubling time from 37 years to about 22 years. Low-income countries stand to gain the most from reforms. The largest gains come from governance, products markets, and factor accumulation. Importantly, these reforms can be implemented in the post-pandemic environment characterized by weaker social and distributional outcomes.