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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.


Unlocking Africa's Business Potential

Unlocking Africa's Business Potential
Author: Landry Signe
Publisher: Brookings Institution Press
Total Pages: 361
Release: 2020-04-07
Genre: Business & Economics
ISBN: 0815737394

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Africa welcomes business investment and offers some of the world's highest returns and impacts Africa has tremendous economic potential and offers rewarding opportunities for global businesses looking for new markets and long-term investments with favorable returns. Africa has been one of the world's fastest-growing regions over the past decade, and by 2030 will be home to nearly 1.7 billion people and an estimated $6.7 trillion worth of consumer and business spending. Increased political stability in recent years and improving regional integration are making market access easier, and business expansion will generate jobs for women and youth, who represent the vast majority of the population. Current economic growth and poverty-alleviation efforts mean that more than 43 percent of the continent's people will reach middle- or upper-class status by 2030. Unlocking Africa's Business Potential examines business opportunities in the eight sectors with the highest potential returns on private investment—the same sectors that will foster economic growth and diversification, job creation, and improved general welfare. These sectors include: consumer markets, agriculture and agriprocessing, information and communication technology, manufacturing, oil and gas, tourism, banking, and infrastructure and construction. The book's analysis of these sectors is based on case studies that identify specific opportunities for investment and growth, along with long-term market projections to inform decision-making. The book identifies potential risks to business and offers mitigation strategies. It also provides policymakers with solutions to attract new business investments, including how to remove barriers to business and accelerate development of the private sector.