Economic Transformation in Sub-Saharan Africa

Economic Transformation in Sub-Saharan Africa
Author: Donald L. Sparks
Publisher: Routledge
Total Pages: 57
Release: 2021-04-21
Genre: Business & Economics
ISBN: 1000375404

Sub-Saharan Africa is vastly diverse, and the 49 countries of the region range significantly in terms of population, size and economic scale. The region also differs in topography, climate, history, culture, languages and political systems. Given this vast diversity, it is, accordingly, difficult to draw general conclusions about the continent’s economic performance as a whole. Additionally, the lack of current statistics for several countries makes it difficult to make accurate assessments of economic conditions. Nevertheless, some broad comparisons can be made: of the world’s developing areas, sub-Saharan Africa has the worst record in virtually all of the most important social and economic indicators: the region has the lowest gross national income per head, the lowest life expectancy at birth, the lowest youth literacy rate, the highest rate of adult HIV infection and the highest number of children not living past five years of age. This volume begins by examining recent economic developments and trends. It then looks at the major economic constraints the region has faced in recent years, breaking down those constraints as either ‘external’ (e.g. terms of trade) over which the individual countries have but limited control, or ‘internal’ (e.g. governance and economic policy), over which there is more control. The book concludes by arguing that, despite the notable challenges cited above, sub-Saharan Africa is poised for a transformation, based on closer regional economic co-operation, a growing middle class, increased demand for locally produced goods and services, and a young population.

Africa the Way Forward

Africa the Way Forward
Author: Canice Chucks Osuji
Publisher: Xlibris Corporation
Total Pages: 142
Release: 2018-09-04
Genre: Political Science
ISBN: 1543489788

This book was born of the desire to share my feelings and concerns and that of others who are so much concerned about how the continent of Africa has remain dormant for centuries in terms of development and progress. Being an African and having seen the forward movement, progess and development of the other continent around the world, you begin to wonder why it has not been replicated in the Afriican continent. The continent of Africa has great resources more than many other continent in the world, both human and natural resources. However, these resources has not benefited the common people of the continent. The West, Arabs and recently Asia has enjoyed these resources more than Africans themselves. From the slave trade where the carted away our able men and women, to resources control through colonization and recently through brain drain. Our specialists and well qualified has migrated to other continents such as Europe, America and Asia leaving the continent dry in terms of qualified personnel who can man and managed the resources of the continent. These has contributed to poverty lack of quality leadership in many areas that would have moved the continent forward. After world war, America implemented Marshal plan that was used to transform and develop the Western nations. However, this kind of joint policy has not come to the mind of the West to implement in Africa where they have benefited much. Rather the continent of Africa is seen and address as the dark continent. I therefore, feel that bringing to mind of many both Africans and the West, the things we need to address to move Africa forward. I believe that if some of the points looked at in this book and other brilliant ideas by others are implemented, then the continent of Africa can emerge out of its aclaimed darkness and move forward like other continent. Let the world and African leaders learn from the history of the past and invent new ways of doing things so that they can move Africa forward in a progressive path. Strongly I believe if this is done, the Story of the continent of Africa can change like that of China. The West should desist from ripping Africa off, abstain from aiding and abetting corruption and bad leadership in the continent. The people of Africa should fight and resist wicked and corrupt political leaders, and bring to death tribal - nepotic and support of politics of clientism.

AFRICA THE WAY FORWARD

AFRICA THE WAY FORWARD
Author: O GAWAIN AKO
Publisher: Lulu.com
Total Pages: 88
Release: 2013-02-08
Genre: Religion
ISBN: 1300706406

The hour of reawakening is now. Mother Africa beckons to her children in love. Africa moves forward and there will be happiness once more. Her beauty will radiate in harmony with the Will of the Creator. She will cry no more. True leaders will arise in this time of judgement and the noble woman of Africa will recognize her calling and she will be called the true mother. True knowledge shall once more descend on the inhabitants, spiritual maturity will be seen in the nobility and deeds of her sons. Africa the way forward clarifies and readdresses the confusion that surrounds the African lands today. From governance to spirituality and religion, it tries to simplify and re directs the seeker to the eternal unchangeable Truth which can only break the stronghold of the darkness and destroy it. This book directs he who reads without prejudice to the right path of freedom and liberation.

Africa Reset

Africa Reset
Author: Harinder S. Kohli
Publisher: Oxford University Press
Total Pages: 422
Release: 2017-09-21
Genre:
ISBN: 0199091870

Africa faces both big opportunities and worrisome threats. The Africa that emerges over the next 40 years—whether it becomes a dynamic continent with a growing influence in the world or an economic backwater that exports its people and capital—depends on what African countries do now. The continent is growing and many socioeconomic indicators are improving, but it is no longer catching up with the rest of the world—it is not converging. This book looks at Africa’s economic performance over the last decade, highlights the difference in performance across countries, and identifies the biggest policy issues that need to be addressed if Africa is to converge with the rest of the world and meet the aspirations of its people. Despite tougher global economic conditions—slower growth, lower commodity prices, and tighter financial markets—one out of four African countries have averaged per capita income growth above three percent for the last decade. The progress of these high performers shows that it is what countries do—the policies of their governments, the responsiveness of their entrepreneurs, the integrity of their institutions, and the political will of their leaders—that makes the difference, not their resource endowments. The challenge is to extend this African best practice to more countries of the continent. This book shows that the consequences of such a “reset” can transform the continent but also that the human cost of not doing so would be staggering.

African Countries and the Global Scramble for China

African Countries and the Global Scramble for China
Author: Ngonlardje Kabra Mbaidjol
Publisher: BRILL
Total Pages: 208
Release: 2018-12-10
Genre: Political Science
ISBN: 9004388249

In African Countries and the Global Scramble for China, Mbaidjol engages the reader, from African perspectives and African People’s interests, in a theme that is currently fuelling international relations debates.

Taxing Africa

Taxing Africa
Author: Mick Moore
Publisher: Bloomsbury Publishing
Total Pages: 289
Release: 2018-07-15
Genre: Business & Economics
ISBN: 1783604557

Taxation has been seen as the domain of charisma-free accountants, lawyers and number crunchers – an unlikely place to encounter big societal questions about democracy, equity or good governance. Yet it is exactly these issues that pervade conversations about taxation among policymakers, tax collectors, civil society activists, journalists and foreign aid donors in Africa today. Tax has become viewed as central to African development. Written by leading international experts, Taxing Africa offers a cutting-edge analysis on all aspects of the continent's tax regime, displaying the crucial role such arrangements have on attempts to create social justice and push economic advancement. From tax evasion by multinational corporations and African elites to how ordinary people navigate complex webs of 'informal' local taxation, the book examines the potential for reform, and how space might be created for enabling locally-led strategies.

Africa

Africa
Author: Chuks David Ogbueli
Publisher:
Total Pages: 92
Release: 2002
Genre:
ISBN: 9789780561468

Dead Aid

Dead Aid
Author: Dambisa Moyo
Publisher: Macmillan
Total Pages: 209
Release: 2009-03-17
Genre: Business & Economics
ISBN: 0374139563

Debunking the current model of international aid promoted by both Hollywood celebrities and policy makers, Moyo offers a bold new road map for financing development of the world's poorest countries.

The Bottom Billion

The Bottom Billion
Author: Paul Collier
Publisher: Oxford University Press, USA
Total Pages: 225
Release: 2008-10-02
Genre: Business & Economics
ISBN: 0195374630

The Bottom Billion is an elegant and impassioned synthesis from one of the world's leading experts on Africa and poverty. It was hailed as "the best non-fiction book so far this year" by Nicholas Kristoff of The New York Times.